HMRC to implement changes to how it is paid

HM Revenue & Customs (HMRC) is to change the way that taxpayers and their agents can make payments.

From 15 December 2017 and 13 January 2018, the pay at the post office service will be withdrawn and HMRC will no longer accept payment by personal credit card.

However, the Revenue has confirmed that taxpayers will still be able to use debit cards and corporate credit cards to pay their tax bill.

Apologising for the inconvenience that is likely to be caused, HMRC has said that there will still be many ways to pay, including:

• Direct Debit
• Online or telephone banking (including Faster Payments, Bacs and CHAPS)
• Debit/Corporate Credit card online or by telephone.

HMRC says that the change will make payments more secure and will save taxpayers the time and expense of going to a post office or bank.

This change is likely to have a significant impact on businesses and individuals, so it is important that they seek advice if they are uncertain about how they should pay their tax bill.

LINK: Paying HMRC