[Finance] Internet Banking

Shropshire Seagull said:

Why on earth would you request HMRC pay you by cheque? Both Mrs SS and I have to do Self Assessments each year and nearly always one of us has overpaid tax - we provide our bank sort-code and account and the money gets paid in via the [same-day] faster payments method. Getting to a branch to pay a cheque in is a bit old fashioned these days and mostly avoidable [plus delay in funds actually being credited/cleared into your account too]

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DumLum said:

They probably don't have a choice.
It's a nightmare for small businesses who pay big charges to have a bank account. I don't believe the internet can give them the change they require for their till's float yet.

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Thunder Bolt said:

As my pension is paid by the ESPS it is on PAYE. HMRC messed up my code when I got my state pension, which isn't taxed at source. I told them it was too high, but they knew best.
Two years later they realised I had paid too much, and sent me a letter with a cheque attached. I didn't request anything.

Suitable explanation for you?

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DumLum said:

They probably don't have a choice.
It's a nightmare for small businesses who pay big charges to have a bank account. I don't believe the internet can give them the change they require for their till's float yet.

Click to expand...

DumLum said:

I don't believe the internet can give them the change they require for their till's float yet.

Click to expand...