What Is Tax Distraint?
Posted by nhunt73 30 days ago (http://www.debtnation.co.uk)Tax distraint action is the procedure of confiscating people's belongings to offer at public sale, as a way to pay off overdue tax owed. The tax collector has the legitimate power to take this step without a order from the court, but a specific course of action must be followed to stay within the regulation. To begin with, a mail will be sent to the in-arrears taxpayer cautioning that distraint action is about to begin. This will be followed by a call to the debtor's property or premises by a tax man, in order to assess what property and possessions of value can be taken.
Who Voted for this Story
BookmarkPost is a social bookmarking site alowwing users to submit their blog post and other stories to share with others and make them popular.











Comments