Tag: hmrc debt collection
HMRC ‘sorry’ for Terminally ill Pensioner’s Debt Collectors threat
A pensioner who is terminally ill has been threatened with debt collectors by HMRC, after he didn't receive confirmation that he had paid the...
£16.3m boost for HMRC Debt Collection Unit
The Government is to our £16.3 million into HMRC Debt Collection, raising efforts to recover £4.67 billion in unpaid taxes over the next six...
CVA’s drop 47% after HMRC changes Debt Collection rules
The latest Data analysed by Mazars shows the number of struggling businesses applying for Company Voluntary Arrangements (CVAs) has fallen by 47%. It is...
HMRC asks for help ‘modernising’ business debt collection
The HMRC has surprising made a public statement asking for advice on modernising its Business Debt Collection methods. The statement issued a couple of days...
HMRC facing pressure to improve Debt Collection
In the latest HMRC update, overdue debt increased to £58 billion – a record-breaking level of debt. Sushil Patel, Director of Restructuring Advisory at Kroll,...
HMRC facing £65bn Debt Collection challenge
The HMRC is now facing its biggest debt collection challenge in history. Debt owed to the HMRC from UK Businesses and tax payers has...
HMRC spent £84m on Debt Collection over three year period
Recent reports have revealed that the HMRC has spent more than £84m on using Private Debt Collectors in the three tax years up to...
HMRC doubles spend on Private Debt Collectors
Figures released from Accounts firm UHY Hacker Young shows the HMRC had doubled its spend on Private Debt Collection services in the year 2016. HM...
HMRC accused of aggressive Debt Collection practices
HM Revenue and Customs is adopting increasingly aggressive Debt Collection strategies in respect of firms overdue on VAT payments, experts warn.
