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Where it appears to HMRC that the debtor has failed to pay a relevant sum, they may give a 'hold notice' to a deposit-holder with whom he has one or more accounts¹. Not more than one hold notice may be issued per day to the same deposit-holder in relation to the same debt(s)². Where hold notices are issued to more than one deposit-taker in respect of the same debt, the total amount which can be 'held' under those notices must not exceed the total amount due, see A4.618A³. HMRC cannot therefore hold the same debt several times over with different deposit-takers.

HMRC may cancel a hold notice, cancel its effect in relation to one or more accounts or to the held amount(s), by giving a notice to the deposit-taker and any other person who they consider is affected by the notice and who is a joint account holder or who has a beneficial interest in a relevant account. The deposit-taker, on receipt of such a notice, must, within five days, reverse or adjust