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Government amends proposals on direct access to bank accounts

A recent document announced additional safeguards on HMRC’s powers to take cash out of accounts, including:

  • A visit by HMRC before any action is taken.
  • Providing a dedicated DRD team and helpline.
  • Ensuring judicial oversight of the process by allowing for appeal to the County Court.
  • Putting a hold on debtors’ accounts and giving them 30 days – more than twice as long as previously planned – to contact HRMC and object to the action or arrange payment of the debt before any money is taken.

This is good news but the question as to whether this power should be given to HMRC remains.

 

 

Date: 4th December, 2014
Author: Cathy Corns

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