HMRC payments - purchase or cash advance? 2 July 2012 at 8:42PM edited 2 July 2012 at 9:08PM in Stoozing: free cash from credit cards 4 replies 4.1K views

Dominic9

Hi,

Does anyone know whether credit card payments to HMRC are treated as purchases or as a cash advance?

I've found references dating back to 2009 and 2010 that all say it is treated as a purchase, but couldn't find any more recent references to confirm that it is still treated as a purchase.

Cheers.

starM

Recent communication with HMRC to pay my SA bill. I was told it will be treated as purchase but their is a transaction charge of 1.5% - I think when paid online through BillPay transaction charge is 1.4%.

Dominic9

I made a Payment on Account with HMRC via BillPay, and as you say, it seems to have gone through as a purchase with something like a 1.4% charge for paying by credit card.

C-P_2

Anyone know if this approach is still being used in January 2013 please?

planteria

the fee wipes out the benefit....or a good chunk of it, depending on your card

overpayments on mortgage or council tax payments, for example, have been useful cashback generators for me in the past