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HMRC Now Using Faster Payments Service

Posted by: edwinsmith on December 22nd, 2011

HM Revenue & Customs (HMRC) can now accept payments made using the Faster Payments Service. This will allow taxpayers to make faster electronic payments, typically via internet or telephone banking, enabling them to be processed on the same or next day.

Taxpayers should contact their bank or building society before making a payment to confirm:

  • the services available
  • whether there are any single transaction or daily limits on the amount that can be paid
  • their latest cut off times for making a payment

When making a payment to HMRC please make sure you always use the correct bank account details and reference number. This will ensure that the payment is received, and will help to avoid incurring a penalty, interest or surcharge for late payment.

You can find further information by following the links below.

Faster Payments

How to make a payment to HMRC

HMRC bank accounts

Filed under: PAYE, Tax, VAT