Policy paper
Draft Legislation: »Ê¹ÚÌåÓýapp Enforcement by Deduction from Accounts (Imposition of Charges by Deposit-takers) Regulations 2016
»Ê¹ÚÌåÓýappse regulations set out the parameters in which banks and building societies may opt to pass on an administrative charge to debtors for processing a Direct Recovery of Debt ‘holdâ€� notice.
Documents
Details
»Ê¹ÚÌåÓýapp draft regulations specify the maximum fee that banks and building societies can charge debtors to process DRD notices, and the situations in which they can do so.
HM Revenue and Customs has published draft regulations for a period of technical consultation which will close on Friday 8 January 2016. Any comments on this draft should be sent to [email protected] by the above deadline.
Updates to this page
Published 10 December 2015