Paying your Self Assessment liabilities to HMRC

The 31st January is not only the deadline for your 2014/15 Self Assessment return, but also the deadline for payment of any liabilities.

A common question that we are asked is "How do I pay HMRC?".

HMRC recommends that taxpayers pay electronically by:

  • Debit or credit card online
  • Direct debit
  • Bacs Direct Credit, Faster Payments by internet/telephone banking or CHAPS

Clients who have received a paper statement with a payslip attached can also make payment at their bank or the Post Office.

To pay your Self Assessment bill you will need to use your 11-character payment reference. This is made up of your 10-digit Unique Taxpayer Reference (UTR) followed by the letter ‘K’.

To pay online, you can find the HMRC bank details and further payment information by clicking here

If you do not want to pay using one of the methods referred to above, you can print off a blank payslip relevant to your liability by clicking here to create a HMRC Self Assessment payment slip which can be completed and posted to HMRC with a cheque to cover the tax due.

A reminder that the funds should be in HMRC's bank account by 31st January and don't forget to consider the weekend.

If you are not able to pay your tax bill in full, then you need to contact HMRC in advance of the 31 January deadline and discuss getting more time to pay. Of course, we can assist our clients with this request. Please click here to read about the various details and evidence HMRC will require before they will consider the request.