New joint venture to tackle tax debt
It appears that a new joint venture is being set up between the government and private sector operator TDX Group to provide a wide range of debt management and collection services, including unpaid taxes, for a number of government departments. The joint venture will start next year.
The government says the new company, Integrated Debt Services Ltd, will use a range of ‘proven and effective’ debt management services to support debt recovery with a focus on increasing returns.
Historical attempts to use private sector organisations for tax collection capacity have proved controversial, with claims of a heavy-handed approach.
Date: 20th January, 2015
Articles from this Author
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
We have a new opportunity in our Milton Keynes office for an Audit Apprentice click on the link to apply… twitter.com/i/web/status/1…
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole