HMRC hires private debt collectors to chase taxes

HMRC will use debt collection agencies to recover £140 million in unpaid taxes this year.

The Revenue has signed contracts with Commercial Collection Services, Credit Solutions, Fairfax Solicitors and iQor Recovery Services, according to a Financial Times report.

Recent news reports suggest the department will pay a commission of around 25% on taxes recovered, although HMRC has not confirmed this figure.

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Comments

Try friendly gesture

Toxic2010 | | Permalink

Why dont they try ,,,, reducing tax by 20% if paid straightaway..............?

20% Tax reduced to 16%

40% reduced to 32%

50% reduced to 40%

VAT 17.5 well now 20% reduced to 16%

Employers PAYE 12.8 % (CPO) to 10.25%

This has never been tried with tax payers.... plans like THM will even reduce penalties to 10% but at the end of the day, it is still a penalty.......... HMRC needs to change its image......... STOP BULLYING ......... sending threatening letters from Farifax to someone who has not paid after HMRC notices?  is it going to change this world?

 

cymraeg_draig's picture

There are many horror stories about "Fairfax".

cymraeg_draig | | Permalink

The firm they are using - "Fairfax" used to be called Eversheds and have an appalling reputation for being totally ignorant, and highly aggressive often unlawfully so.

This shows just how low HMRC have sunk.

Awesome idea

petestar1969 | | Permalink

When they are done collecting HMRC's debts can I borrow the to collect what some of my clietns owe me?

well

Toxic2010 | | Permalink

outsource this to me, I am goog in it ;)... 25%?

rockallj's picture

Let's hope the Collector has got his figures right first........

rockallj | | Permalink

Becauwe in my experience, they usualy are not right amounts being chased.

And it's difficult enough to get the Collector to talk to the Inspector with correct figures, let alone have that then passed on to some robbing third-party debt collectors and baillifs.