How to pay Pool Betting Duty
This guide offers a reminder of Pool Betting Duty payment deadlines and explains all of the available payment options.
HM Revenue & Customs (HMRC) recommends that you make all of your Pool Betting Duty payments electronically. Paying electronically:
- is safe and secure
- gives you better control over your money
- provides certainty when your payment will reach HMRC
- avoids postal delays
- may lower your bank charges
On this page:
- Pool Betting Duty payment deadlines
- Paying by Internet, telephone banking or BACS Direct Credit
- Paying by CHAPS transfer
- Paying by post
- Paying with euros
- No payment due
- Correspondence or receipt requests
- Information about the Faster Payment service
- More useful links
Pool Betting Duty payment deadlines
You are responsible for calculating how much Pool Betting Duty is owed and for paying this duty on time.
Your Pool Betting Duty payment and return (Pool Betting Duty Return BD1) are due no later than 15 days following the end of your accounting period. If the 15th day is a Saturday, Sunday or bank holiday the Pool Betting Duty Return and payment must reach HMRC by the previous working day.
If your completed return or payment are not received by HMRC by the due date shown on your Pool Betting Duty Return you may be liable to a penalty.
Read more about payments and returns (Notice 147 Section 8)
Read more about civil penalties (Notice 209: Civil Penalties Fixed, geared and daily)
Paying Pool Betting Duty 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 (available to businesses which are authorised by their bank to submit files direct to BACS).
If you pay using any of these methods, your bank will transfer your money electronically to HMRC.
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. If they take longer then you will need to initiate your payment earlier.
If your cleared payment arrives late interest will be charged.
Contacting HMRC to request a BACS payment
To pay your Pool Betting Duty by BACS Direct Credit you will need to contact the Greenock Accounts Centre to make a request. They will then send you the details in the post.
HM Revenue & Customs
Greenock Accounting Centre
Customs House
Custom House Quay
Greenock
PA15 1EQ
Tel: 01475 881434 or 01475 881435 (open between 8.30 am and 5.00 pm, Monday to Friday excluding bank holidays).
Paying Pool Betting Duty 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). Bank working days are Monday to Friday excluding bank holidays.
CHAPS payments are more expensive than other payment methods but may be of benefit if you’re making very large payments.
Contacting HMRC to request a CHAPS payment
To pay your Pool Betting Duty by CHAPS you will need to contact the Greenock Accounts Centre to make a request. They will then send you the details in the post.
HM Revenue & Customs
Greenock Accounting Centre
Customs House
Custom House Quay
Greenock
PA15 1EQ
Tel: 01475 881434 or 01475 881435 (open between 8.30 am and 5.00 pm, Monday to Friday excluding bank holidays).
Paying Pool Betting Duty by post
HMRC recommends that you make your Pool Betting Duty 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 Pool Betting registration number using the pre-addressed envelope sent by HMRC or the address below
- do not fold the payslip or cheque and do not fasten them with paper clips or staples or in any other manner
If you are sending a payment to HMRC and do not have a pre-addressed HMRC envelope please send your payment to:
HM Revenue & Customs
Greenock Accounting Centre
Customs House
Custom House Quay
Greenock
PA15 1EQ
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 Pool Betting Duty with euros
You can pay your Pool Betting Duty in euros using the BACS Direct Credit or CHAPS payment methods, including any arrears. Repayments of tax due to you from HMRC will continue to be made in sterling.
Exchange rate to be used for payments
The payment figure, shown in sterling on your Pool Betting Duty Return
will need to be converted into euros. HMRC recommends that you use the
UK market selling rate for the day that you are making the payment.
You can get this information from the Financial Times or by calling
the HMRC Euro Helpline on Tel 01702 366349.
The risk associated with the exchange rate fluctuations is your responsibility
as the decision is yours as to whether you pay in euros or sterling.
HMRC will continue to maintain its accounts in sterling and you will
be credited with the actual sterling value HMRC receives after conversion
by their bankers. The cost incurred by HMRC in converting euro payment
into sterling will be met by HMRC.
You will need to fax the following information to the HMRC Euro Helpline on Fax 01702 366378 to enable them to update your account:
- description of tax being paid Pool Betting Duty
- your Pool Betting Duty reference number
- the period the payment relates to
- the sterling liability of the payment
Providing HMRC bank account details
To pay your Pool Betting Duty by euros you will need to contact the Greenock Accounts Centre to make a request. They will then send you the details in the post.
HM Revenue & Customs
Greenock Accounting Centre
Customs House
Custom House Quay
Greenock
PA15 1EQ
Tel: 01475 881434 or 01475 881435 (open between 8.30 am and 5.00 pm, Monday to Friday excluding bank holidays).
No Pool Betting Duty payment due
You must let HMRC know if you have no Pool Betting Duty payment due by completing your Return showing a ‘nil’ payment due and sending it to the address below.
HM Revenue & Customs
Greenock Accounting Centre
Customs House
Custom House Quay
Greenock
PA15 1EQ
Pool Betting Duty 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 (for example 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
Greenock Accounting Centre
Customs House
Custom House Quay
Greenock
PA15 1EQ
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 its bank and the payee’s bank must 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.
More useful links
Learn more about Pool Betting Duty
Find out what you can do if you have payment problems
