The Direct Recovery of Debts (DRD) mechanism, outlined in Section 51 and Schedule 8 of the Finance (No.2) Act 2015, allows HM Revenue and Customs (HMRC) to recover outstanding tax liabilities and ...

HM Revenue and Customs (HMRC) has declared the restart of a scheme that enables it to directly retrieve owed funds from debtors' bank accounts. The policy, which was paused during the Covid-19 ...

BBC Radio 4 Money Box Journalist, Dan Whitworth, has shed light on the circumstances under which HM Revenue and Customs (HMRC) can directly extract funds from individuals' bank accounts. Last month, ...

The HMRC has shared who all will be affected by the new regulations that will allow the direct withdrawal of funds from individuals' bank accounts. Earlier this week, the department announced that it ...

HMRC has resumed its programme allowing direct recovery of money from debtors’ bank accounts. The Direct Recovery of Debts (DRD) policy, paused during the pandemic, has restarted in a "test and learn" ...

Desperate times call for desperate measures, and now beneficiaries are being warned about automatic deductions. HM Revenue & Customs (HMRC) released a statement in September declaring that it had ...

A BBC expert has shed light on the circumstances under which HMRC will be directly withdrawing money from people's bank accounts. Last month, HM Revenue and Customs alerted individuals that it has ...

A BBC expert has highlighted the conditions under which HMRC will be directly extracting money from individuals' bank accounts. Last month, HM Revenue and Customs informed people that it has already ...