The Enforcement by Deduction from Accounts (Imposition of Charges by Deposit-takers) Regulations, SI 2016/44, come into force on 10 February 2016. They specify the limited circumstances in which a deposit taker may charge an administrative fee, up to a maximum of £55, for complying with an order to make a payment under the new provisions for direct recovery of tax debts from taxpayers’ bank accounts, following HMRC consultation.
The Enforcement by Deduction from Accounts (Imposition of Charges by Deposit-takers) Regulations, SI 2016/44, come into force on 10 February 2016. They specify the limited circumstances in which a deposit taker may charge an administrative fee, up to a maximum of £55, for complying with an order to make a payment under the new provisions for direct recovery of tax debts from taxpayers’ bank accounts, following HMRC consultation.
