Surcharge on all corporate card payments to HMRC from 1 November
27 October: ICAEW’s Tax Faculty reminds organisations and tax agents that from 1 November 2020 there will be a surcharge on payments made by corporate debit cards to HMRC.
A surcharge already occurs for payments made to HMRC by corporate credit cards, but from 1 November this will also apply to debit card payments.
Taxpayers wanting to avoid the surcharge can pay via:
- Direct Debit,
- Faster Payment,
- BACs, or
There is also no surcharge on payments made by personal debit cards.