Newsletter Spring 2013

Where to pay that tax?

Do you feel the taxman is always demanding money from you for yet another tax or duty? It’s easy to get confused and pay the right amount, but to the wrong part of the great tax department.

If this happens the taxman has no sympathy: the system won’t spot that it’s already got your money in a different pot, so the computer just whacks on a penalty and tells you to get the payment right next time. To be on the safe side check this new webpage before setting up your tax payment: www.hmrc.gov.uk/bankaccounts/.

This page lists alphabetically all the taxes and charges HMRC administers. When you click on the name of a tax or charge, the website tells you how to pay, including the bank account numbers and how to check you have the correct payment reference.