Taxpayers can pay their tax faster by using a new electronic payment service provided by HMRC, reports Nick Huber.
The Faster Payment Service (FPS), which started in December, lets taxpayers whose banks operate the FPS to make faster electronic payments, typically via internet or telephone banking. Payments are usually processed on the same or next day.
About Nick Huber
I’m a specialist business journalist and have a particular interest in tax and technology.