(PRWEB UK) 21 October 2012
As the paper deadline fast approaches with the final date at the end of this month, Wednesday 31st October, it is essential to complete forms as soon as possible. Once you have missed this deadline it is only possible to electronically complete your forms. Tight guidelines from the Government are a move to gradually make paper-based tax forms obsolete, become environmentally friendly and to reduce the amount of imputing errors by HMRC staff.
Whether the forms are completed online or by paper it is possible to pay your tax by Direct Debit payments. In order to do this, a budget account must be set up which will accumulate the amount payable over the tax year and take Direct Debit payments on a monthly basis. At the end of the year, these payments will amount to the total tax you need to pay.
Such payment methods are encouraged by companies like SmartDebit, the UK’s leading Direct Debit service. Rated as ‘excellent’ in all five categories of their recent Bacs audit, the company deals with numerous SME, Corporate and Public sector organisations making the collection of regular payments simple, fast and secure.
A representative from SmartDebit commented on the upcoming deadline, "We all understand the importance of tax forms and how time consuming they can be. By planning and pre-empting your tax by Direct Debit, this can reduce stress and pressure around the deadline."
SmartDebit hopes that as more consumers become aware of preparing for tax and the implications deadlines can cause, they will be more interested in paying by Direct Debit.
SmartDebit™ are the UK’s leading Direct Debit Bureau, specialising in payment processing services since 1998. A Bacs approved Bureau, scoring ‘Excellent’ in all five categories of the Bacs audit, and ISO 27001 compliant. Providing a complete range of services: Outsourcing; SmartDebit-Admin cloud based portal; SmartDebit-Online payer sign up; SmartDebit-API integrated solution and SmartDebit-Contingency.