Reply to: Self Assessment - which HMRC account?

[Dark Black]

Used the Cumbernauld account in the end - when I went to set up the payee I noticed I had one already created from a few years back (same account / ref etc).

[xoggoth]

I seem to remember I was Shipley back in paper days but could find nothing recent to say so. On the HMRC payment page it does say if you're not sure use Cumbernauld . Works ok, they've got my dosh.

[ladymuck]

I set up a direct debit for the date I want them to collect. No need to worry about bank details then. Tend to do this for both personal and company liabilities.

[TheFaQQer]

I paid mine by debit card over the internet. Saves me struggling to work out whether I need BACS, CHAPS, faster payments or magic

[Dark Black]

Thanks for all the sensible replies

No thanks to the pedantic little troll who added nothing to the thread.

[TheFaQQer]

[Lance]

dig that hole deeper, you made a faster payment.

What bank are you with?

I tell you what. If you're so convinced you're right how about you provide the evidence?
I already have provided a link that says

How do I go about setting up a Bacs Direct Credit?

Your bank will offer facilities as part of your general account to credit another account. You can credit another account by using either your personal or business banking service. As a rule, you need the name of the payee, the name of their bank, the payee’s bank account number and sort code. It is vital that you double check the sort code and account number before sending a payment: payments are processed only using these numbers. You will also need to provide the same details for the account to be debited. Typically this will be your account, or an account from where you are authorised to make a payment, in the case of a joint account, for example.

So what is a non faster payment, from a personal or small business bank account??????

[tarbera]

love it

I’ll do your research for you shall I? Again.


https://www.bacs.co.uk/Resources/Pages/FAQs.aspx

You’re looking for BACS direct credit.

dig that hole deeper, you made a faster payment.

What bank are you with?

[Lance]

Self Assessment - which HMRC account?

You used a forward dated faster payment (if over your daily limit) or a standard faster payment

Not magic

Yawn indeed

I’ll do your research for you shall I? Again.


https://www.bacs.co.uk/Resources/Pages/FAQs.aspx

You’re looking for BACS direct credit.

[tarbera]

Yawns....

Ok whatever. I must have used magic then.

You used a forward dated faster payment (if over your daily limit) or a standard faster payment

Not magic

Yawn indeed

[Lance]

I know you think you did, but unless you are setup as a direct user and used Bacstel-IP software after going through the setup process or indirectly via another bank (again requires a setup process) I don't think you did

Yawns....

Ok whatever. I must have used magic then.

[tarbera]

I don’t know what you think bacs is but it’s not that.

I paid my SA using bacs last week. And will pay CT by bacs in the next month or so.

I know you think you did, but unless you are setup as a direct user and used Bacstel-IP software after going through the setup process or indirectly via another bank (again requires a setup process) I don't think you did

[Lance]

Doooh, Yes big companies setup for BACS can pay that way making 1000's of transactions

You won't have that option from your personal or business account to pay by BACS

Faster payment or chaps only

I don’t know what you think bacs is but it’s not that.

I paid my SA using bacs last week. And will pay CT by bacs in the next month or so.

[tarbera]

They are different account numbers.
Some basic research instead of 'wondering' would help.
HMRC BACs payment

Doooh, Yes big companies setup for BACS can pay that way making 1000's of transactions

You won't have that option from your personal or business account to pay by BACS

Faster payment or chaps only

[Lance]

(Via BACS) = you have this option on your bank account - I don't think so?

Just wondering

They are different account numbers.
Some basic research instead of 'wondering' would help.
HMRC BACs payment