Paying Tax? - HMRC close all Bank of England accounts

If you have been paying HM Revenue & Customs (HMRC) any type of tax using Bank of England sort codes and account numbers, you will need to change bank account details immdiately.

With effect from 9 August 2011, you will no longer be able to use the Bank of England accounts. Any payments directed to Bank of England accounts after this date will be rejected automatically by the banking system and returned to your bank.

This will result in a delay in getting your payment to the correct account and carries with it the risk of you incurring late payment penalties and interest if your payment does not reach the correct account by the payment due date.

To ensure that your payment reaches your record without delay, it is essential that you use the correct bank account information.

You can  check the correct HMRC bank details by clicking: here 

Share this post

Leave a comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

About Us

We are a firm of Chartered Accountants with a difference. We like to establish client relationships that allow us to understand both your business and personal goals.

Our forward-thinking approach means that we are consistently up to date with the latest tax and business legislation.

We provide a solution that allows our clients to rest assured that we will work towards achieving the best possible outcome for them.