HMRC no longer accepting Credit cards
11th January 2018
It is important to note that taxpayers will no longer be able to use their personal credit card to pay their tax bill after Saturday 13 January 2018.
HMRC is withdrawing credit cards as a method of payment just less than 3 weeks before the online tax return deadline. Withdrawing the credit card facility builds on the EU's payment services directive, which bans companies, including HMRC from charging extra fees for using credit cards.
It is estimated that last year around 454,000 people used their personal credit card to pay their tax bill and this equated to a total of £741 million. This resulted in £3.2 million in bank charges.
After 13 January 2018 individuals will be only be able to use the following methods to pay HMRC the tax owed:
- by telephone - you will need your national insurance number
- by visiting your bank or building society
- direct debit or cheque.
If you require assistance with your tax return please contact us on 020 7330 0000.