V16.123 VAT Notes No 2 2018

V16.123 VAT Notes No 2 2018

Repayments by Bankers Automated Clearing System (Bacs), straight into your bank account

We can send a payment straight to your bank account if you're due a VAT repayment.

To receive your repayments straight to your bank:

  1.  

    —     you need to give us your bank sort code and account number using the VAT online service

  2.  

    —     the account must be in the name of the registered person or company

All future repayments will be made direct to that account unless you tell us of a change.

Payments by Bacs are faster, safer and more secure than payable orders which can take up to six

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