26 Nov

Scared of mixing up tax payments?!

Mr P Confused

Q. The Taxman is always demanding money from me for VAT, PAYE, corporation tax, Class 1A NICs, excise duty, the list goes on and on! I am terrified of mixing up the payments and paying the wrong amount to the wrong part of the great tax department. How can I make sure I get it right?

A. The Taxman has recently set-up a really helpful page on his website:

www.hmrc.gov.uk/bankaccounts/

which lists alphabetically all the taxes and charges it administers. When you click on the name of a tax or charge, the website tells you how to pay, including the bank account numbers and how to check you have the correct reference.

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