PAYING TAXES? SO EASY NOW!
IT'S CHANGED !
HMRC in its infinite wisdom banned the aeons-established system of using the Bank of England for its banking, and signed up with the Yanks (Citibank) to receive our taxes – no idea why – ask HMRC.
The collateral damage (to us) is this meant that credits to HMRC until recently took 3-4 days from British (proper) banks because Citi was not a UK-Clearer or part of FPS (UK Faster Payment System). Luckily for us (be obsequiously grateful) Citibank’s actual cleaners (Co-op Bank) have now caved in/bought a new as Amstrad, and joined FPS, so your hard-earned gold now goes across same-day, like it always should have done.
Did HMRC spend a nano-second thinking about the punters when setting up this new arrangement? What do you think? Plus ca change as the Germans say...