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HMRC to Dip Into Your Bank for Small Tax Debts
HMRC is set to roll out a new tactic to claw back smaller tax debts directly from bank accounts — a move that could impact hundreds of thousands of people, especially those already struggling. Currently, direct deductions only apply to debts over £1,000 and require surplus funds, but the new plan removes those limits. While HMRC claims it targets those who can pay but aren’t engaging, tax experts warn it risks devastating vulnerable households without minimum safeguards. The government is seeking public feedback until August 28th to shape how this power is implemented — a critical moment for…
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