HMRC have advised that from 13 January 2018, they will not longer be accepting payments from personal credit cards.
HMRC have accepted credit card payments from individuals, but from 13 January 2018, this method of payment will no longer be available.
HMRC's hand has been forced due to a change in EU law, which prohibits merchants (inlcuding HMRC) from recharging credit card fees to payers. As HMRC is only allowed to accept credit card payments on the basis there is no cost to the public purse, this new law will mean HMRC cannot accept credit card payments from the date the law changes.
As the date that the change arises is before the end of January, this may unexpectedly catch out some Self Assessment tax clients who are waiting to closer to 31 January 2018 to make their payment.
It would be good practice to include an extra paragraph in any Tax Return letters to clients advising them that if they intend to make the payment by personal credit card, they will need to do so before 13 January 2018.
Corporate, business and commercial credit cards are not affected and debit card payments will still be allowed.
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