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Written Question
Bank Services
Tuesday 18th November 2014

Asked by: Ian Swales (Liberal Democrat - Redcar)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how much his Department spent on bank transfer transactions for tax credits and tax refunds in the last financial year.

Answered by Priti Patel

Her Majesty’s Revenue and Customs (HMRC) includes information on bank charges in its annual report and accounts (Page 138 Other Administration Costs and Page 140 Programme Costs):

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/330670/HMRC-annual-report-2013-14.pdf