money

Are you paying HMRC this month? With many individuals having tax payments to make at the end of this month, it is important to be aware that HMRC have announced that they will no longer accept payments made at the Post Office or by credit card.

Post office payments

HMRC has announced that with effect from 15 December 2017 it will no longer be possible to make payments to HMRC at a post office. The reason for this change is that the contract with Santander, which allowed this method of payment, has expired. HMRC are advising that where electronic payment is not possible, payments can still be made at bank branches using a payslip and payments for self-assessment income tax can still be posted to HMRC.

Credit Card payments

From 13 January 2018 it will also no longer be possible to pay HMRC using a personal credit card. The timing of this change coincides with the date from which HMRC will no longer be permitted to charge fees for payment by credit card.

For more information go to the ICAEW blog.

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