Credit Card Sales Campaign
A new voluntary disclosure campaign, underpinned by HMRC powers to obtain Credit and Debit card payments from merchant acquirers, has been launched.
Anyone wishing to take part must tell HMRC of their intention to participate by either filling in the notification form or calling the Credit Card Sales Campaign helpline.
As a result of the merchant acquirer’s legislation, HMRC has details of all credit and debit card payments to UK businesses. This information is used to identify defaulting individuals and businesses.