Tag Archives: HMRC-bank-details

Change of bank details for HMRC

By   30 September 2024

HMRC has announced that its bank accounts have changed 

The bank details for the following tax regimes have changed:

  • Plastic Packaging Tax
  • Biofuels or gas for road use — Fuel Duty
  • Economic Crime Levy
  • Soft Drinks Industry Levy
  • Trust Registration Penalty

These details have changed to allow HMRC to future proof our accounts in the event of migrating its banking services to another bank.  The new bank details are now permanent and will not change.

All taxpayers who are making payments for the above-mentioned regimes by Faster Payments, Bacs or CHAPS should use the following details:

  • sort code — 08 32 10
  • account number — 12529599
  • account name — HMRC General Business Tax Receipts

Taxpayers who have this banking information stored on their banking apps will need to change the details to reflect the new sort code, account number and account name.

Any customers who pay by Direct Debit do not need to take any action as the changes will be made automatically.

VAT Quickie – HMRC change bank details for payments

By   13 June 2016

HMRC’s new bank details

Most taxpayers who pay electronically will not be affected by the change.  However, if a business pays its VAT using HMRC’s IBAN and BIC need to use the new IBAN and BIC with immediate effect.  This change will mainly affect overseas businesses. It is observed that HMRC’s efforts to publicise this change have not been very successful.

Details for Overseas payments:

Account Number (IBAN) GB36BARC20051773152391

BIC BARCGB22

Account Name: HMRC VAT

HMRC banking address:

Barclays Bank PLC
1 Churchill Place
London
United Kingdom
E14 5HP