HMRC payment


F

Fred

I note that if I setup a direct debit, it says the earliest they will be
paid is the 6th February. Would that mean that I would get stung if I used
that facility (for self assessment payment)?

The alternative is to us the Alliance & Leicester online form of payment.

Anyone know?
 
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P

PeterSaxton

I note that if I setup a direct debit, it says the earliest they will be
paid is the 6th February.  Would that mean that I would get stung if I used
that facility (for self assessment payment)?

The alternative is to us the Alliance & Leicester online form of payment.

Anyone know?
Did you give them enough time to take payment before 1 February?
 
F

Fred

I note that if I setup a direct debit, it says the earliest they will be
paid is the 6th February. Would that mean that I would get stung if I used
that facility (for self assessment payment)?

The alternative is to us the Alliance & Leicester online form of payment.

Anyone know?
Did you give them enough time to take payment before 1 February?

_________________________________

Debit card should be instant - but HMRC would pay for the privilege. Direct
debit would take longer but cost HMRC somewhat less. We're talking a
pifling amount here.
 
P

PeterSaxton

Did you give them enough time to take payment before 1 February?

_________________________________

Debit card should be instant - but HMRC would pay for the privilege.  Direct
debit would take longer but cost HMRC somewhat less.  We're talking a
pifling amount here.
How much interest will you get charged?
 
F

Fred

Did you give them enough time to take payment before 1 February?

_________________________________

Debit card should be instant - but HMRC would pay for the privilege.
Direct
debit would take longer but cost HMRC somewhat less. We're talking a
pifling amount here.
How much interest will you get charged?

8><------------------------------------------------

It's paid but the amount was circa £10
 
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F

Fred

How much interest will you get charged?

8><------------------------------------------------

It's paid but the amount was circa £10
That calculates to about £12k tax. There's all sorts of ways to
pay.http://www.hmrc.gov.uk/payinghmrc/selfassessment.htm

8><------------------------------------------------

I know and it's paid. I would have thought the bill pay method using a
debit card would be expensive for HMRC, therefore a direct debit would have
been their first choice, even if there is a small delay in payment for HMRC.
An example, for VAT there's an incentive to pay through Direct Debit by
allowing a few days grace.
 

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