London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

New HMRC information powers

HMRC can now obtain information on all credit and debit card payments to UK businesses.  The new powers allow HMRC access to merchant acquirer data with effect from 1 September 2013.  Under the new powers, HMRC can find out the number and value of transactions completed by a specific trader.  No personal data identifying the card owners or card numbers will be obtained.

 

 

Date: 23rd September, 2013
Author: Cathy Corns

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

Chartered accountants @mercerhole has helped an organisation to preserve more than 190 jobs chambermk.co.uk/news/mercer-ho…

Click here to see photographs from our London Christmas Reception at @plaisterershall bit.ly/2j36ZvJ pic.twitter.com/j4NZWVw8RM

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn