Paying VAT online electronically
Payment on time
You need to pay on time quarterly to avoid penalties.
Pay VAT online
The due electronic online payment date is funds in HMRC bank account one month and seven days after the end of the VAT quarter. You need to be sure that your chosen method of payment will meet the deadline.
Short of time?
Use Worldpay,
on or before the due date. Wordlpay it is counted as paid the same day; although the bank processing time could be three to five days.
This can save you a late payment penalty.
Need more time? Time to pay
A documented arrangement can save you a late payment penalty.
Please treat timings shown below, except WorldPay, as for guidance only.
HMRC does not operate the Faster Payments Service FPS, which is offered by some banks. Electronic payments will normally take three bank working days to reach the HMRC account.
Pay by Direct Debit
If your cash-flow is sufficiently robust you can pay by direct debit which will be taken a further three days later on the 10th. Allow five bank working days for initial setup before the first payment collection date. We can do this for you or you can find out how on: http://www.hmrc.gov.uk/payinghmrc/vat.htm#2
HMRC's bank account details and references
Sort code: 08 32 00
Account number: 11963155
Account name: HMRC VAT
You need to enter your VAT number without gaps.
Payments from abroad quote:
International Bank Account Number (IBAN) GB25CITI08320011963155
SWIFT Bank Identifier Code (BIC): CITIGB2L
Online business banking
Paying VAT by internet, telephone banking or pay by BACS Direct Credit
Normally takes three bank working days for payment to reach HMRC
Worldpay:
Paying VAT by debit card or credit card over the internet
(American Express Amex or Diners Club are not accepted)
No credit cards are accepted after 13th January 2018
Debit cards no charge
Credit card payments are subject to a non-refundable transaction fee according to the card used.
Worldpay it is counted as paid the same day; although the bank processing time could be three to five days.
The HMRC Help Line telephone number has been discontinued.
To go into HMRC Worldpay: https://www.tax.service.gov.uk/pay-online/vat
Paying VAT by CHAPS transfer
Same day provided you initiate payment within the time specified by your bank, usually between 9.00 am and 3.00 pm, but do this as early as possible in the day in case the bank is particularly busy.
Paying VAT by Bank Giro
It is recommended by HMRC that you apply for them to send you a book of Bank Giro paying-in slips that are pre-printed with your VAT registration number and the HMRC bank account details.