Government reveals new debt recovery firm


The lovely wibbly wobbly old lady

Reposted from Accountingweb

The government has launched a new public/private debt collection agency for government departments including HMRC.

Now couple of things here lovely readers…

1) As Mike Fleming commented on the accountingweb site:- 

Equifax ltd is owned by Equifax EUA ltd and that company is owned by Equifax Luxembourg (no3)SARL

I do hope that HMRC have carried out the necessary due diligence on their new partners paying particular attention to the Luxembourg connections and if this is Company number 3 how many more are there and what is their purpose? God forbid that it could have anything to do with tax avoidance?

I am of course sure that HMRC have covered this point in their pre partnership discussions and we all have nothing to be concerned about.

2) The  article states; “… at least £22bn was owed to the government and that the approach to collecting debt, such as tax and benefit…

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