HMRC are no longer going to be accepting credit cards as a means of payment for your tax bills. This is from either today or tomorrow. This is because HMRC can no longer charge a fee for using credit cards.
Lots of people up in arms on Twitte about this.
I guess I’m in the minority but why do people who pay tax by self assessment expect special treatment? Why should everyone else pay for their financial mismanagement?
The employed on PAYE have their tax deducted when they are paid and have no choice over this. The self employed and other people who declare income by self assessment already benefit from generous credit terms requiring them to only pay their tax on a bi-annual basis.
Why aren’t these people putting their tax aside as they earn it? It’s not your money to spend in the first place. If money is tight, then surely it’s better to use your credit card (if you really have to get yourself into debt) on other things instead of dipping into your tax money?
Lots of people up in arms on Twitte about this.
I guess I’m in the minority but why do people who pay tax by self assessment expect special treatment? Why should everyone else pay for their financial mismanagement?
The employed on PAYE have their tax deducted when they are paid and have no choice over this. The self employed and other people who declare income by self assessment already benefit from generous credit terms requiring them to only pay their tax on a bi-annual basis.
Why aren’t these people putting their tax aside as they earn it? It’s not your money to spend in the first place. If money is tight, then surely it’s better to use your credit card (if you really have to get yourself into debt) on other things instead of dipping into your tax money?
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