***From 15th December 2017 it will no longer be possible to pay any Tax/NIC etc at the Post Office using the Transcash system****
Due to falling demand for the service, HMRC have decided to remove it as an option entirely for 15th December 2017.
What does this mean for you?
Most of you will have already moved to alternative payment methods,(hence why this service is being scrapped) but for those that still use the Transcash system, you will need to change the way that you pay HMRC. The most recommended method being electronic payment, through either online or telephone banking.
HMRC are slowly but surely trying to encourage everyone to shift to electronic systems. The reason being that it is quicker and easier but also safer and more secure for you too. Electronic payments cannot be lost or intercepted and are updated to your accounts quickly, provided that the correct bank details and payment reference are used. There are no postal delays or costs and by using immediate payment facilities provided by your bank you can be sure that the payments will reach HMRC on time.
N.b. You will still be able to send a cheque direct to HMRC for Self-Assesment Tax, but not Corporation Tax.
For anyone that doesn’t have a bank account with online banking facilities, there are basic bank accounts available. For more information, go to www.gov.uk and search ‘revised basic bank accounts’
Please note that payslips are still being issued by HMRC with the Transcash facility available at the Post Office. These will be removed over time, however, if you go to use them after the 15th December they will not be accepted! Please pass on this mesage to any one that it might concern. This is especially relevant for anyone that leaves paying their SA Tax until January. You will need to organise an alternative payment method and we would advise that you look into it sooner rather than later.