Company Credit Cards

[Spoiler]

"COT BOT" says the switch to Visa will now happen on 31st October, and currently issued Mastercards will be replaced after that.

[ladymuck]

"COT BOT" says the switch to Visa will now happen on 31st October, and currently issued Mastercards will be replaced after that.

Oh so new applicants from the 31st will get a visa and the existing will get their replaced after. Fair enough. Still time to get some payments in

[Spoiler]

Oh so new applicants from the 31st will get a visa and the existing will get their replaced after. Fair enough. Still time to get some payments in

Yep, that's how COT explained it.

[BlueSharp]

I spoke to them again today as there was an issue with my application (I'm on an Identity fraud register) which means they need to do further checks. I asked again about the switch and HMRC charges. There recommendation was to use a curve card with the CoT card to get around the charges.

[GhostofTarbera]

I spoke to them again today as there was an issue with my application (I'm on an Identity fraud register) which means they need to do further checks. I asked again about the switch and HMRC charges. There recommendation was to use a curve card with the CoT card to get around the charges.

We can sleep well in this knowledge


Sent from my iPhone using Contractor UK Forum

[Spoiler]

There recommendation was to use a curve card with the CoT card to get around the charges.

I need to work on my Curve limits - currently limited to £4k a day...

[ladymuck]

I need to work on my Curve limits - currently limited to £4k a day...

Sad times when 4k a day isn't enough

You are Tarbie at the bookies and ICMFP

[Spoiler]

Sad times when 4k a day isn't enough

I'd expect a reasonable number of peoples Ltd's have a quarterly VAT bill over £4k, and a higher annual corporation tax bill. I think I read that you could split payments, so pay tax bills over multiple days but I'd still prefer to pay it in one go if possible

[ladymuck]

I'd expect a reasonable number of peoples Ltd's have a quarterly VAT bill over £4k, and a higher annual corporation tax bill. I think I read that you could split payments, so pay tax bills over multiple days but I'd still prefer to pay it in one go if possible

I know, just jesting.

Yes you can split payments, I do it quite regularly. Split a VAT bill over two statement periods, chip away at CT by paying on account in the months leading up to the payment deadline, etc.

[ladymuck]

Capital on Tap have just emailed out to say the new Visa Corporate Credit Card will be with customers by 14 December and there will be an opportunity to apply early for the new card via the online portal.

Just a couple of months left to get any payments made via the Mastercard then...