News

Pay your Tax by Direct Debit - 24/02/2009

Stockton on Tees accountants, Baines Jewitt are advising their clients to take advantage of the new initiative from HMRC who are now offering a much wider range of taxpayers the opportunity to pay by direct debit.

Baines Jewitt partner, Trevor Cook, says “Until now, the direct debit method has generally been available only to taxpayers with payment problems who have agreed a time-to-pay arrangement, or those using a debit card to pay via the BillPay service provided by Alliance & Leicester.

“Now, any taxpayers who are registered to use Self Assessment Online, PAYE Online for employers or Corporation Tax Online can set up direct debit payments online”.

Those registered for Income Tax Self Assessment also have the option of setting up direct debits as part of a monthly or weekly Budget Payment Plan, to make regular payments towards any future tax due.

For more information, call 01642 632032.

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