FASTER TAX PAYMENTS


HMRC are increasingly keen for everyone to pay their tax electronically. They now offer a faster payment service from their website and this is undoubtedly a useful move. Before using it you should contact your bank or building society to confirm the services available and to check whether they impose a limit on the amount you can pay this way, in terms of either a single transaction and / or a daily limit. Also ask them about their latest cut-off times for making a payment.

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Filed under Accountancy & Tax Stuff, Business advice

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