V16.121 VAT Notes No 4 2017

V16.121 VAT Notes No 4 2017

Using the correct HMRC bank account

Barclays Bank became our banking supplier from February 2016.

Some VAT customers are using paying-in slips that have the old supplier details. This could mean that their payments may be delayed or rejected.

If you can't pay your VAT electronically and still want to pay using a paying-in slip, read VAT payment slips for more information.

If you don't have a bank account to make electronic payments, you could get a basic bank account. For more information, read revised basic bank account.

Paying HMRC electronically

HMRC prefers electronic payments and encourages customers to pay this way.

You can pay your VAT electronically using the following methods—


    —     Direct Debit


    —     online or telephone banking – Faster Payments, Bacs, CHAPS


    —     debit or credit card online

From 13 January 2018 HMRC will no longer be accepting payments made from personal credit cards.

Corporate, business and commercial credit cards are not affected by this change and HMRC will continue to accept personal and commercial debit cards.

If you're unable to make electronic payments, please take your paying in slip to your bank or building society and pay by cheque or cash.

Read Pay

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