Have you paid your tax bill yet?
Here is information with regards to paying your tax bill and options.
The payment options are as follows;
- Faster Payment – via online or telephone banking
- Debit card
- At a bank or building society – you will require a HMRC paying in slip to use this method
- CHAPS payments
- BACS
- Direct Debit
- By posting a cheque
The various payment methods vary in how long they take to reach HMRC. Here is a useful infographic that will help you choose the right payment method. Depending on your preferred payment method it is better to pay your tax bill sooner rather than later to avoid any unintentional late payments.
When making a payment to HMRC, you will require your 11 character payment reference. This is your 10-digit Unique Taxpayer Reference (UTR) followed by the letter k. If you are unsure of your UTR this can be found in the top right corner of any correspondence letter from HMRC or on your tax return itself.
The bank details you will require for HMRC are as follows:
| Sort code | Account Number | Account Name |
| 08-32-10 | 12001039 | HMRC Cumbernauld |
| 08-32-10 | 12001020 | HMRC Shipley |
Please ensure you pay your Self-Assessment tax to the correct HMRC Account, if you are unsure of this then please make payment to HMRC Cumbernauld.
If you are struggling to pay your Self-Assessment tax bill, please contact the HMRC Business Support Service on 0300 200 3835 immediately to discuss alternative payment options available to you.
If you require any further advice on this matter, please contact us, we are more than happy to assist.
