Article Database - Topic: 'Payments' - Keyword: 'Direct deductions'

HMRC’s direct deduction stalled Publication date: 12.12.2014
Article database » Payments » Tax summaries
HMRC’s direct deduction stalled.. Bank raid. HMRC was expecting to gain powers that would allow it to collect unpaid bills exceeding £1,000 from taxpayers’ bank accounts if all other means of collecting the tax had failed. However, after a general outcry the government had to backpedal a little. Revised scheme. The new system will now be deferred...

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Last updated: 10.08.2020

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