We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Help r.e this DD..

I am in the process of closing my account with Abbbey down, i have narrowed anmd cancelled my very long list of around 19 DD's to 2 and am lost on the last one of them, it shows who it is for inland rev and that mandate no but other than that i cannot seem to find out what on earth it is for or any amount, it must have been set up for a reaason but the banks is no help. I don't want to cancel and then get charged for a non payment and not sure what to do..can't see anything on my statement though either
Any ideas please as want to get this closed down asap.
Thanks

Comments

  • Speak to HMRC about it. The bank wont know what it is for as all they do is pay money out when requested.
  • Mikeyorks
    Mikeyorks Posts: 10,378 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    The DD should show the last time it was triggered and the value? Odds on it's for self-employed NI (Class 2). Around £2.30pw payable monthly?

    http://www.hmrc.gov.uk/faqs/nicqse.htm#4

    As 'mainstream' HMRC have only recently (Dec 08) made DD generally available. And I'm sure you would remember if you'd set it up to pay your SA tax for 31st Jan?
    If you want to test the depth of the water .........don't use both feet !
  • gabyjane
    gabyjane Posts: 3,541 Forumite
    Hi thanks i already pay N.I payments each month and that's a different dd..i will ring them tommorow just to check, thanks
  • Mikeyorks
    Mikeyorks Posts: 10,378 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Then it's either VAT (if you're registered) or you've had a payment arrangement for your SA tax exceeding 3 instalments .... as they insist on DD for that.

    If you post the Reference number from the DD (but XX out a few of the numerics .. to anonymise it) .... the structure should allow someone to tell you.
    If you want to test the depth of the water .........don't use both feet !
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.5K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.5K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.