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
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