Company Credit Cards

[Spoiler]

Premium account - £249 annual fee - 1 Avios per £1 spent plus 20k bonus Avios for spending 5k in the first 3 months.

Damn it - just paid my corp tax bill !
Oh well, VAT bill is due in a few months ...

Edit: Can't see where it says anything about being a debit card ... looks like a credit card to me, which would incur additional fees when paying HMRC I believe ?!

[gizzmo]

Damn it - just paid my corp tax bill !
Oh well, VAT bill is due in a few months ...

Edit: Can't see where it says anything about being a debit card ... looks like a credit card to me, which would incur additional fees when paying HMRC I believe ?!

I can confirm i have successfully used it at least 5 times as a debit card on the HMRC website and it has gone through with no issues. I pay VAT monthly as i am on the Annual VAT scheme. There is more information about this on the Head for points website also.

Earn Avios with two Capital on Tap small business Mastercards

[ladymuck]

I've got this card. I can confirm HMRC will accept it for payment. Used it for CT and my last pre-MTD VAT bill. Plus day to day stuff in backward places that don't take Amex.

Annual fee I'm paying is £199 which, for interest free lending, is fair enough.

[ladymuck]

Damn it - just paid my corp tax bill !
Oh well, VAT bill is due in a few months ...

Edit: Can't see where it says anything about being a debit card ... looks like a credit card to me, which would incur additional fees when paying HMRC I believe ?!

No fees charged. Select the debit MasterCard option when on the HMRC site and it goes through a dream

[Spoiler]

No fees charged. Select the debit MasterCard option when on the HMRC site and it goes through a dream

Thanks for the confirmation - think I might go for it !

[Spoiler]

One question on paying HMRC (or any other bill for that matter) - is there a limit on a single transaction amount ?

I hit a problem with Starling recently having a max debit card transaction limit of £10,000, so couldn't pay my corp tax bill with it (well, Starling said to put through multiple transactions), so to pay it off I went the direct debit route this time.

[ladymuck]

I don't think so. You'd be limited by the credit limit they give more than anything. However, if that happens, simply split the payment up. Debit card settling of your account clears same day (they don't accept faster payments) and will typically result in cleared funds available to spend within a hour.

[gizzmo]

One question on paying HMRC (or any other bill for that matter) - is there a limit on a single transaction amount ?

I hit a problem with Starling recently having a max debit card transaction limit of £10,000, so couldn't pay my corp tax bill with it (well, Starling said to put through multiple transactions), so to pay it off I went the direct debit route this time.

I don't think there is a limit imposed by HMRC - but it will depend on what limit you are given on the card. However with CaponTap you can pay it off immediately and then make another payment the next day so you might still have to split a large payment into a few transactions but as long as you quote the right reference it all gets applied to your CT or VAT account with no issues. Best just not to leave it to the very last day so you have a couple of days to free up the card balance and then use it again.

[Spoiler]

I don't think so. You'd be limited by the credit limit they give more than anything. However, if that happens, simply split the payment up. Debit card settling of your account clears same day (they don't accept faster payments) and will typically result in cleared funds available to spend within a hour.

Got it, thanks ! Will see what limit they give me ;-)

[kryten22uk]

..or you just get the Curve card which is free.