Gregg McClymont – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Gregg McClymont on 2014-04-29.

To ask Mr Chancellor of the Exchequer, whether he plans to privatise HM Revenue and Customs Debt Management and Banking operations; and if he will make a statement.

Mr David Gauke

HM Revenue and Customs (HMRC) has no plans to privatise its Debt Management and Banking (DMB) Operations.

HMRC has been using debt collection services provided by private sector suppliers for several years. This has given HMRC additional capacity to complement its in house operations and increase the flexibility of its business operations, with Debt Collection Agencies (DCAs) working alongside in house debt collection activity.

HMRC plans to continue to use private sector services – the overall aim being to strengthen further HMRC’s debt collection service, making optimal use of both internal and external collection specialists.

In the future, HMRC will purchase those externally provided services through the Debt Market Integrator (DMI), a Cabinet Office led initiative to create a “one stop shop” for all government departments to access a range of private sector debt collection services.