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Debt collection

A new partnership with debt collection agencies will ensure that taxpayers who ‘simply refuse to pay’ will be pursued said Nick Lodge HMRC Director of Debt Management and Banking. HMRC announced that it had signed contracts with Commercial Collection Services Ltd Credit Solutions Ltd Fairfax Solicitors Ltd and iQor Recovery Services Ltd. The Treasury declared at the June Budget that ‘this year HMRC will use debt collection agencies to collect £140 million of additional tax revenue from existing tax debts.’

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