Chartered Accountants Without the Jargon

HMRC now accept Faster Payments

05-Jan-2012 HM Revenue & Customs (HMRC) now accept payments made using the Faster Payments Service. This will allow you to make faster electronic payments, typically via internet or telephone banking, enabling them to be processed on the same or next day.

You should contact your bank or building society before making a payment to confirm:

  • The services available to you
  • Whether there are any single transaction or daily limits on the amount you can pay
  • Their latest cut off times for making a payment
When making a payment to HMRC please make sure you always use the correct bank account details and reference number. This will ensure that your payment is received, and will help you to avoid incurring a penalty, interest or surcharge for late payment.


Please call us on 0845 9000 691 for more information on how this will help you.
If you have any questions about the HMRC Faster Payments Service click here
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