Statutory Instruments
2017 No. 1262
Revenue And Customs
The Fees for Payment of Taxes, etc. by Credit Card (Amendment) Regulations 2017
Made
13th December 2017
Laid before the House of Commons
15th December 2017
Coming into force
13th January 2018
The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by section 136(1) to (3) of the Finance Act 2008( 1 ).
Citation and commencement
1. These Regulations may be cited as the Fees for Payment of Taxes, etc. by Credit Card (Amendment) Regulations 2017 and come into force on 13th January 2018.
Amendment of the Fees for Payment of Taxes, etc. by Credit Card Regulations 2016
2.The Fees for Payment of Taxes, etc. by Credit Card Regulations 2016( 2 ) are amended as follows.
3. —(1) For regulation 1(3)(a), substitute—
“ (a) if given to an individual, would be a credit-token within section 14(1)(b) of the Consumer Credit Act 1974 ( 3 ) , and ” .
(2) In regulation 1(3)(b), omit “or Table 2”.
(3) In regulation 2(2), for the words from “or Table 2” to the end, substitute “in the Schedule.”.
4. In the Schedule—
(a) omit Table 2; and
(b) for Table 1, substitute—
“ Table 1
Corporate credit cards
| Type of card | Rate (%) |
|---|---|
| VI SA Business Credit Card | 1.70 |
| VISA Commerce Credit Card | 2.80 |
| VISA Corporate Credit Card | 1.94 |
| VISA Purchasing Credit Card | 1.92 |
| VISA Commercial Credit Card | 1.94 |
| MasterCard Business Credit Card | 1.80 |
| MasterCard Corporate Credit Card | 1.98 |
| MasterCard Purchasing Credit Card | 2.20 |
| MasterCard Fleet Credit Card | 1.97 |
| MasterCard Commercial Credit Card | 1.98 ” |
Justin Holliday
Angela MacDonald
Two of the Commissioners for Her Majesty’s Revenue & Customs
13th December 2017