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Reply to: Direct recovery of debts
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Previously on "Direct recovery of debts"
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All those who voted for conservatives should celebrate. Everyone getting kicked.
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In one paper, not in another ...
Originally posted by Tomandjerry View PostDurect recovery of debts is definitely in the "summer budget".
See the following:
https://www.gov.uk/government/public...ciety-accounts
But - it's not mentioned in this document - published by HM Treasury at the same time today (see Section 24 at the bottom) ...
https://www.gov.uk/government/news/s...-announcements
Typical of Mr Osborne to "overlook" a serious piece of trouble-making in his Budget summary.
The Budget proposals will still have to go through the normal process before they become law (i.e. readings in the Houses of Commons & Lords, and committee stage in the Commons) - and this where the 'Direct Recovery' proposals were shot down last year.
(BTW - The last statement is usually described generically as "clutching at straws" ) :-)
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Durect recovery of debts is definitely in the "summer budget".
See the following:
https://www.gov.uk/government/public...ciety-accounts
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Direct recovery of debts
These new powers for HMRC were proposed in the Budget last year (April 2014) but the proposals were quietly dropped during the committee stages of the Finance Bill in July.
I think there is very strong chance that the proposals will be included again in the Chancellor's next Budget this Summer. Unfortunately, there will be less opposition this time round (due to the Government majority) so I think it's more likely than not that the proposals will make it into law later this year.
I sincerely hope I'm wrong ...
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Direct recovery of debts
I am new on the forum but have looked around and cannot find any discussion about the HMRC proposal on Direct Recovery of Debts. This would blow APNs away surely?
There was a HMT consultation with banks and building societies last year about how HMRC could best take money from accounts without the account owner's permission. Most responses were along the lines of this is immoral, but HMT have just answered the specific points. So for example, the freezing period moved from 14 days to 30 days.
Here is the consultation paper and response
https://www.gov.uk/government/consul...overy-of-debts
What do people think?Tags: None
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