HMRC halves its DCA spend

By April 29, 2015Insolvency

HMRC has halved its spend on debt collection agencies (DCAs) during the past year, with £6.8m spent on them in 2014 compared to £14.8m in 2013, according to new research.

The study by chartered accountants UHY Hacker Young tracks HMRC’s usage of DCAs, since it started outsourcing tax collection to external agencies in 2009.

The accountancy firm said HMRC’s use of these agencies reached a record high in 2013.

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