HMRC accepts the vast majority of payment methods from online or telephone banking to CHAPS or BACs payments.
It is important to note that you cannot pay your tax bill using a personal credit card, and if paying via a corporate credit card there is a non-refundable fee. Equally, a paying-in slip from HMRC is required if paying through a bank or building society.
Depending on the payment method used, payments can take between one to five working days to reach HMRC.
If the payment deadline falls on a bank holiday or a weekend, you must ensure your payment reaches HMRC on the last working day prior to the bank holiday or weekend.
For further information visit HMRC
If you cannot pay your tax bill on time, your first step should be to contact HMRC in order for them to assess the reasons why you're struggling to pay the amount owed, the amount you can pay immediately, and a payment plan for how long you'll need to pay the remainder of your tax bill.
HMRC will be looking for further information on:
HMRC will then make a decision as to whether they believe you should pay immediately or alternatively, whether they believe you require more time to get your payments in order.
In previous cases of late payment HMRC will require further information and evidence before deciding whether to provide you additional time to settle your tax bill.
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