Taxation: Self-assessment

(asked on 19th February 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many accounts have been placed on Time to Pay Arrangements; and how many accounts on Time to Pay Arrangements have been sent to debt collection agencies since the start of the covid-19 outbreak.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 1st March 2021

In January 2021, there were 664,000 taxpayers paying £4 billion of tax debts to HMRC through Time to Pay (TTP) arrangements. If a taxpayer agrees a TTP arrangement, HMRC do not take further action on the debt (unless the taxpayer defaults) so none of these debts have been passed to debt collection agencies.

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