HMRC Begins Contacting Companies to Directly Recover Tax Debt

The UK tax authority has begun contacting companies to directly recover tax debts from their bank accounts for the first time since the practice was halted during the Covid-19 pandemic.

Companies have started receiving warning letters from His Majesty’s Revenue and Customs stating it may recover unpaid taxes directly from their bank accounts, according to information shared by the Institute of Chartered Accountants in England and Wales.

HMRC confirmed to Bloomberg Tax it has issued these letters to inform customers that it may use its enforcement powers, including the direct recovery of debt, unless they either pay the outstanding amount ...