Payroll News - Direct Recovery of Debts on PAYE Debts
Posted 20th March 2017
The Direct Recovery of Debts (DRD) power allows HMRC to recover cash directly from the bank and building society accounts, and funds held in cash in Individual Savings Accounts (ISAs), of debtors who owe £1,000 or more – subject to certain safeguards.
DRD has been in operation for most of the main taxes since 2015 and from early 2017 has been expanded to include PAYE debts. For further information please see – https://www.gov.uk/government/publications/issue-briefing-direct-recovery-of-debts--2/issue-briefing-direct-recovery-of-debts
We have a qualified and experienced payroll team who would be happy to assist you with any queries you may have.