HMRC slammed for banning credit card payments

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 HMRC slammed for banning credit card payments

Less than three weeks before the deadline for submitting, and paying, self-assessment tax returns HMRC is to stop accepting credit card payments. A European directive being introduced on January 13 will ban all companies, including HMRC, from charging customers a fee for using Mastercard and Visa credit cards, but the government is extending this to all credit cards and digital payment services; corporate and business credit cards will not be affected. HMRC has previously taken about £12m a year in commission – passed on to the credit card companies.

Source:  The Times (09/12/2017)

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