HMRC Accesses Credit Card Data

1 Aug

Written By Rosanna

HMRC was given new powers from 1st September 2013 to request information from UK’s merchant acquirers – the companies that process card payment transactions.

This will enable HMRC to data-mine information on all credit and debit card payments made over the last four years.

It would seem likely that HMRC will use their Connect software to make connections within the data obtained that will forward investigations into taxpayers’ affairs.

Rosanna

With 9 years as a Squarespace Circle Member, website designer and content creator, Rosanna shares tips and resources about design, content marketing and running a website design business on her blog. She’s also a Flodesk University Instructor (with 10+ years expertise in email marketing), and runs Cornwall’s most popular travel & lifestyle blog too.

http://www.byrosanna.co.uk

HMRC Accesses Credit Card Data

2012/13 Income Tax Returns

Pension Tax Relief