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Charities welcome change to HMRC’s debt recovery powers

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    Charities welcome change to HMRC’s debt recovery powers

    Charities welcome change to HMRC’s debt recovery powers

    This is a duplicate of the Blog Entry made on: 16th October 2015 16:03
    Debt advice charities have welcomed a change to the Finance Bill on HMRC’s new power to recover debts directly from personal bank accounts. The amendment says HMRCmust consider whether a person is at a particular disadvantage in dealing with their Revenue and Customs affairs and act accordingly. StepChange Debt charity and Money Advice Trust responded to the change after it was debated at parliament yesterday (October 16). Peter Tutton, head of policy at StepChange Debt Charity, said: “We are pleased to see that the government has responded to concerns that HMRC’s new power could have a negative effect on financially vulnerable people.....Read more here


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    Tags: 2015, accounts, act, address, advice, bank, bank accounts, bill, bills, charities, charity, comi, credit, debt, debt advice, debt recovery, debtor, debtors, debts, finance, government, money, money advice, mortgage, october, online, paye, payments, policy, power, powers, recovery, revenue, size, tax, vulnerable
  • #2
    Re: Charities welcome change to HMRC’s debt recovery powers

    This fails to address the point that the new power can only be used if a debtor has over a certain amount of money in their account (15k I think) and only then isn't needed for things such as mortgage, bills, vat, paye and tax payments. Debtors are a long way off from ever coming across these powers
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