Questions and Answers
Can I pay my tax bill by credit card?
I would like to settle my tax bill soon but money is tight and I don’t think I’m going to pay it in full. Can I pay it by credit card?
- If you have tax deducted at source, for example from wages or a pension, you could opt to have the balance collected through your tax code in the next tax year. However, you would need to complete your tax return before 30th December.
- Arrange a payment plan with HMRC’s Business Payment Support Service. HMRC would still charge interest on any outstanding amounts but they should waive any late payment penalties
Date published 3 Jan 2018
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.Choose the right accounting firm for you
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