When you need to pay HMRC the account details and reference numbers to be used will vary depending on which tax you are paying. Paying the right amount but using the wrong reference or bank account will result in confusion and you could end up with a penalty or interest.
Here is a quick guide to the more common taxes and their payment details. If you aren’t sure, ask us for guidance. We assume that payment will usually be made by BACS or Fasterpay. There are other methods, particularly if paying HMRC from overseas, and we are happy to help with these if required.
Income Tax – Self-Assessment (SA100)
Sort Code – 08 32 10
Account number – 12001039 (Cumbernauld) or 12001020 (Shipley). If you don’t know which office, either will work.
The reference to use is your UTR (Unique Tax Reference) followed by the letter “K”. This makes it 11 digits long.
You can, if you wish, pay by cheque through the post to:
HMRC
Direct
BX5 5BD
You will need to write your reference on the back of the cheque and, remember, paying by cheque takes longer than through your bank so allow plenty of time to avoid penalties.
Corporation Tax (CT600)
Sort Code – 08 32 10
Account number – 12001039 (Cumbernauld) or 12001020 (Shipley). If you don’t know which office, either will work.
Corporation Tax reference numbers are a bit tricky and change for each accounting period, so it is advisable to be sure. Normally we can help you with this.
It is a 17-character reference which you will find on reminder documentation from HMRC – and you (or we) can access it on your online account.
PAYE – Payroll
Sort Code – 08 32 10
Account number – 12001039 (Note that all PAYE payments go to the Cumbernauld office)
The reference number to use is your 13-character accounts office reference (not PAYE reference).
If you are paying early or late, you should also add extra numbers to identify the month the payment refers to.
CIS – Construction Industry Scheme
This is usually paid using the PAYE details above.
The exception is if you are paying a late filing penalty. in which case, use the reference on the notice sent by HMRC.
VAT
Sort Code – 08 32 00
Account number – 11963155
Use “Account name – HMRC VAT”
Capital Gains Tax on Residential Property
If you sell a residential property on which Capital Gains Tax (CGT) is payable, you must report it and pay any CGT due within 60 days of completion. This will not apply where the property has been your main residence for the whole period of ownership but could apply if the property has been let or if you have another property you may use as your main residence. If in doubt, best to check.
To pay CGT on Residential Property, you must have a “CGT on UK property account” with HMRC and the payment is made via this account.
Note that if the property was jointly owned, each joint owner must have their own account and pay their share of tax separately.
Other taxes
There are other taxes which you may need to pay but these are more unusual.
These might include Air Passenger Duty, Alcohol Duties, Aggregates Levey, Climate Change Levy, Landfill Tax, Plastic Packaging Tax, Gaming or Bingo Duty, Betting Taxes, Machine Games Duty, Intrastat Penalties, Inheritance Tax, Insurance Premium Tax, Soft Drinks Levy, Stamp Duty on Shares, Annual Tax on Enveloped Dwellings etc.
We are happy to help with any of these.