Pay Corp Tax by personal debit card?

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Clare@InTouch replied

7 March 2013, 12:39
Originally posted by northernladuk View Post

Good timely advice as always. Thanks Claire....

<ducks and runs>

Toad

And just as I was about to say that I missed you
Leave a comment:
northernladuk replied

7 March 2013, 12:05
Originally posted by Clare@InTouch View Post

I don't see a problem with it, just make sure it's recorded properly in your accounts so it's shown as money owed back to you.

Good timely advice as always. Thanks Claire....

<ducks and runs>
Leave a comment:
Pete Marsh replied

7 March 2013, 10:10
Originally posted by d000hg View Post

Going permie?

Aye, I'm joining the drones after 11 years of being a swashbuckling contractor .
Leave a comment:
d000hg replied

7 March 2013, 10:04
Going permie?
Leave a comment:
Clare@InTouch replied

7 March 2013, 09:29
I don't see a problem with it, just make sure it's recorded properly in your accounts so it's shown as money owed back to you.
Leave a comment:
Pete Marsh started a topic Pay Corp Tax by personal debit card?

7 March 2013, 09:25
Pay Corp Tax by personal debit card?

I'm in the final stages of closing my Ltd Co. The final liability to settle is £300 of corporation tax. The company account is a 'free' cheque only account, and when I went in to the bank they wanted £25 for a same day transfer to pay it. I could just pay the £25 to the bank, and £300 to HMRC; that way both fees would come out of the company account (I'd then transfer the £2k balance to my current account and close the company account, followed by closing the ltd co.)

A cheaper way would be to pay the £300 by my personal debit card via the HMRC website. I'd save £25: But can anyone tell me if it would be A Bad Thing to pay corporation tax with a personal debit card, rather than from the Ltd Co bank account?
Tags: None