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Written Answers — HM Treasury: Revenue and Customs: Electronic Funds Transfer (11 Mar 2016)

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David Gauke: HM Revenue and Customs’ (HMRC) payment systems allow customers to make payments via BACS or Faster Payment bank transfers for the vast majority of taxes and regimes. In 2014/15, HMRC received just under 16 million BACS and Faster Payments, totalling £186 billion, which equates to almost a quarter of all payments made to HMRC in that year. Customers can also pay electronically using...

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