Making payments against disclosed offshore accounts and assets
If you owe tax or duty and penalties and/or interest against disclosed offshore accounts and assets, you are responsible for calculating how much is owed. This guide offers a reminder of payment deadlines and explains all of the available payment options.
HM Revenue & Customs (HMRC) recommends that you make all of your payments electronically. Paying electronically:
- is safe and secure
- gives you better control over your money
- provides certainty about when your payment will reach HMRC
- may lower your bank charges
- avoids postal costs and delays
- lets you pay at a time that's convenient to you if you use BillPay, Internet or telephone banking
On this page:
- Payment deadlines
- Paying by Internet, telephone banking or BACS Direct Credit
- Paying by credit or debit car over the Internet: BillPay
- Paying by CHAPS transfer
- Paying by Bank Giro
- Paying at the Post Office
- Paying by post
- Paying from an overseas account
- Correspondence or receipts requests
- What to do if you don't have a payslip
- What to do if you're unable to pay the full amount
- Information about the Faster Payment service
Payment deadlines
Online disclosure
If you make your disclosure online your payment must reach HMRC by 12 March 2010 using one of the payment methods in this guide.
Paper disclosure
If you make your disclosure using the paper forms in the New Disclosure Opportunity (NDO1) booklet your payment must reach HMRC by 31 January 2010.
Read more about making a disclosure and payment deadlines (PDF 80K)
Paying by Internet, telephone banking or BACS Direct Credit
You can use your bank or building society services to pay by Internet, telephone banking or by BACS Direct Credit.
To make a payment you will need the account details given below and your disclosure reference number.
It normally takes three bank working days for payment to reach HMRC. Bank working days are Monday to Friday excluding bank holidays. Some bank and building societies can take longer. You should check with your bank or building society to see how long they take to transfer payment and what their cut-off time is for initiating payment.
Providing HMRC bank account details
When using this payment method you will need to provide HMRC's bank account details. If your payment is made with the wrong sort code or account number there may be a delay before your account is credited or your payment may not be received at all.
Sort code |
Account number |
Account name |
|---|---|---|
08-32-10 |
12001020 |
HMRC Shipley |
Your disclosure reference number
When making a disclosure payment you will need your disclosure reference number, also referred to as a DRN. This is shown on the payslip that HMRC sends you. The reference is made up of 15 characters - for example XA0123456789123.
It is important that you show the reference number with no gaps between the characters otherwise this could lead to delays in updating your records.
Read more about making a disclosure and payment deadlines (PDF 80K)
Paying by debit or credit card over the Internet: BillPay
If you have a debit or credit card issued by a UK bank or building society, you can pay the amount due against your offshore disclosure over the Internet using the BillPay service provided by Alliance & Leicester Commercial Bank.
If you wish to pay by credit card a non-refundable transaction fee of 1.25 per cent will be added to the charge. Any charge of less than £00.01p will be rounded up to a penny.
HMRC does not accept American Express or Diners Club cards.
Information you'll need
To make a payment you will need:
- Your debit or credit card details.
- Your disclosure reference number - also referred to as your DRN. This is shown on the payslip HMRC sends. The reference number is made up of 15 characters - for example XA0123456789123.
Disclaimer
The BillPay service is an Alliance & Leicester Commercial Bank product. HMRC will liaise with the supplier in the unlikely event that there are difficulties with access or service availability.
Further information on using BillPay (Opens new window)
Make a payment or register on the BillPay service (Opens new window)
Read more about making a disclosure and payment deadlines (PDF 80K)
Paying by CHAPS transfer
The CHAPS system enables you to tell your bank to make an immediate payment which will reach HMRC on the same day provided you initiate payment within the time specified by your bank (usually between 9.00 am and 3.00 pm).
CHAPS payments are more expensive than other payment methods but may be of benefit if you're making very large payments.
Providing HMRC bank account details
You will need to provide HMRC bank details to your bank or building society. If your payment is made with the wrong sort code or account number there may be a delay before your account is credited or your payment may not be received at all.
Sort Code |
Account number |
Account name |
|---|---|---|
08-32-10 |
12001020 |
HMRC Shipley |
Your disclosure reference number
When making a disclosure payment you will need your disclosure reference number, also referred to as a DRN. This is shown on the payslip that HMRC sends you. The reference is made up of 15 characters - for example XA0123456789123.
It is important that you show the reference number with no gaps between the characters otherwise this could lead to delays in updating your records.
Read more about making a disclosure and payment deadlines (PDF 80K)
Paying by Bank Giro
If your bank or building society offers the Bank Giro service you can make your disclosure payment at your branch by cheque or cash. HMRC treats any payment made by Bank Giro as electronic.
If paying this way:
- take your payslip to your own bank branch (other banks may refuse to accept it or may charge you for this service)
- make your cheque payable to 'HM Revenue & Customs only' and write your disclosure reference after 'HM Revenue & Customs only'
To allow for possible delays in bank processing (for which HMRC is not responsible) please allow at least three bank working days for your payment to reach them. Bank working days are Monday to Friday excluding bank holidays.
Read more about making a disclosure and payment deadlines (PDF 80K)
Paying at the Post Office
You can make a disclosure payment at the Post Office by cheque, cash or debit card without charge. HMRC treats any payment made at the Post Office as electronic.
If paying this way:
- take your payslip with you (otherwise you will be charged for using this service)
- make cheques payable to 'Post Office Ltd'
To allow for possible delays in bank processing (for which HMRC is not responsible) please allow at least three bank working days for your payment to reach them. Bank working days are Monday to Friday excluding bank holidays.
Read more about making a disclosure and payment deadlines (PDF 80K)
Paying by post
HMRC recommends that you make your disclosure payments electronically using one of the methods described elsewhere in this guide.
Electronic payments are generally more efficient and secure, provided you give HMRC an accurate reference number.
However if paying by post please:
- make your cheque payable to 'HM Revenue & Customs only' followed by your disclosure reference number
- do not fold the payslip or cheque and do not fasten them with paper clips or staples or in any other manner
Please send your payments to:
HM Revenue & Customs
New Disclosure Opportunity
Room BP1102
Benton Park View
Newcastle upon Tyne
NE99 1ZZ
To allow for possible postal delays (for which HMRC is not responsible) please allow at least three working days for the payment to reach them.
Paying from an overseas account
You can pay your disclosure electronically from a bank account outside the UK. You should check with your bank or building society to see how long it takes to transfer a payment.
Providing HMRC bank account details
You'll need to give your bank or building society HMRC's bank account details. You should check with your bank or building society to see how long it takes to transfer a payment to HMRC.
The account name you should use is 'HMRC Shipley'.
| Currency | International Bank Account Number (IBAN) | SWIFT Bank Identifier Code (BIC) |
|---|---|---|
| Sterling and foreign currencies (except euro) | GB05CITI08321012001020 | CITIGB2L |
| Euro | GB78CITI18500812000814 | CITIGB2L |
Note: Where an IBAN is shown you must give this number as well as the SWIFT BIC.
If your payment is made using the wrong bank account details there may be a delay before your account is credited or your payment may not be received at all.
Your disclosure reference number
When making a disclosure payment you will need your disclosure reference number, also referred to as a DRN. This is shown on the payslip that HMRC sends you. The reference is made up of 15 characters - for example XA0123456789123.
It is important that you show the reference number with no gaps between the characters otherwise this could lead to delays in updating your records.
Read more about making a disclosure and payment deadlines (PDF 80K)
Correspondence or receipt requests
In order to minimise costs to all taxpayers HMRC does not automatically issue receipts for payments. If you have made your payment electronically using one of the methods described elsewhere in this guide you can confirm from your own bank or building society statement that payment has cleared your account.
However, if you are paying HMRC by post and you need to ask for a receipt, include a separate letter with your payment. HMRC cannot identify any instructions written on payslips as they are processed automatically.
If you wish to tell HMRC about a change (such as a new address) you will need to include a separate letter with your payment if paying by post, or write to them separately if you have made your payment electronically.
Postal address for correspondence
HM Revenue & Customs
New Disclosure Opportunity
Room BP1102
Benton Park View
Newcastle upon Tyne
NE99 1ZZ
What to do if you don't have a payslip
If you pay your disclosure electronically you will not need a payslip. HMRC recommends that you make your disclosure payments electronically using one of the methods described elsewhere in this guide. Electronic payments are generally more efficient and secure, provided you give HMRC an accurate reference number.
However, if you are paying by post and you don't have a payslip these details should accompany your payment:
- your name
- your address
- your telephone number
- your disclosure reference number
- the amount of disclosure you are paying
You should use the contact details described in the Paying by post section of this guide.
What to do if you can't pay the full amount
If you find that you are unable to pay the full amount by the deadline date you will need to contact HMRC's helpline on Tel 0845 366 1202.
Information you'll need to hand:
- your disclosure reference number and paperwork including full information about your assets and liabilities
- your current monthly income and outgoings
- your proposals for how you will clear the amount owed
Please do not submit your disclosure or payment until you have spoken to HMRC.
Information about the Faster Payment service
HMRC is currently unable to receive or make payments using the Faster Payment service, which is offered by some banks.
For a bank's customer to make a Faster Payment, both banks involved in the transaction need to be members of the Faster Payment Scheme. The Bank of England, which is currently HMRC's banking supplier, made a decision some time ago to withdraw from the provision of retail banking services to its customers (one of which is HMRC) and has not joined the Faster Payment service.
HMRC is in the process of moving its business to a new banking supplier. Following this migration the opportunity for using the Faster Payments service will be reviewed.
