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Guidance: Corporation Tax technical specifications: CT600 RIM artefacts

Updated: CT600 V3 (2015) Artefacts V1.8 has been added.

V2 (2009) Artefacts V3.99

Version date 19 June 2015.
Currently LTS, TPVS and Live.

V3 (2015) Artefacts V1.7

Version date 1 September 2016.
Currently in LTS, TPVS and Live.

V3 (2015) Artefacts V1.8

Version date 2 March 2017.
Currently in LTS and TPVS.

Guidance: Biodiesel imported from the USA (Anti-Dumping Duty 2231)

Anti-Dumping Duty is an Import Duty charged in addition to normal Customs Duty and is applied across the whole EU. It is designed to allow the EU to take action against goods that are sold at less than their normal value - that being defined as the price for ‘like goods’ sold in the exporter’s home market.

Guidance: Biodiesel imported from Argentina and Indonesia (Anti-Dumping Duty 2229)

Anti-Dumping Duty is an Import Duty charged in addition to normal Customs Duty and is applied across the whole EU. It is designed to allow the EU to take action against goods that are sold at less than their normal value - that being defined as the price for ‘like goods’ sold in the exporter’s home market.

Guidance: Electronic Binding Tariff Information: service availability and issues

Updated: Planned downtime information has been added for essential maintenance on the Electronic Binding Tariff Information system on 21 October 2017 from 11am till 3pm.

Latest updates on the availability and any issues affecting the eBTI online service.

Detailed guide: Money laundering supervision: fees

Updated: Guidance updated to show that the premises registration fee and annual renewal fee will increase from £115 to £130 from 1 December 2017. Information has also been added about a £40 non-refundable charge for an approval test to be introduced from 1 November 2017.

Introduction

You must pay fees to HM Revenue and Customs (HMRC) when you register for anti-money laundering supervision.

These are:

  • a one off application fee
  • a registration fee for each premises
  • a fit and proper test fee (for money service businesses or trust or company service providers) for each person tested
  • an approval process fee (for accountancy service providers, estate agency businesses, or high value dealers) for each person tested

Application fee

You must pay a non-refundable application fee of £100 when you first apply to register for anti-money laundering supervision.

Premises registration fee

When you register you must pay £115 for each of the premises you include in your application.

If HMRC refuses your application to register they will refund your premises fee if:

  • you didn’t supply all the information they needed
  • someone in your business failed the fit and proper test or wasn’t approved by HMRC

The registration fee will be increased by £15 per premise (from £115 to £130) from 1 December 2017.

Adding or removing premises from your registration

If you want to add new premises to your registration in the first 6 months of the year, you’ll need to pay the full fee for each premises.

If you want to add new premises to your registration in the second 6 months of the year, you’ll need to pay half of the fee for each premises.

If you need to remove a premises from your registration, they won’t refund the fee for that premises.

Fit and proper test fee

If you are a money service business or a trust or company service provider there is a non-refundable fit and proper test fee of £100 for each person tested.

Approval process fee

If you are an accountancy service provider, estate agency business, or high value dealer the new money laundering regulations require an approval test to check key personnel for relevant criminal convictions.

This test will be implemented from 1 November 2017 and a non-refundable charge of £40 will apply per person being tested.

Annual renewal fee

Towards the end of your registration year HMRC will send you an email telling you to log in to your account to renew your registration.

The renewal fee is £115 for each of the premises shown on the application at the time of renewal.

HMRC may cancel your registration if you don’t pay your annual renewal fee on time.

The renewal fee will be increased by £15 per premise (from £115 to £130) from 1 December 2017.

How to pay

You should pay your fees online when you first apply to register and when you renew. When you give details of your business, the online service will work out how much you owe and let you pay the total amount due for each type of fee.

If you’re not registered online

There are other ways to pay at renewal time or if you need to pay for an additional person to be tested.

Guidance: Customs Information Paper 10 (2017): trading between the EU and Canada

Updated: The Customs Information Paper has been updated to confirm that the EU and Canada Comprehensive Economic and Trade Agreement (CETA) was provisionally implemented on 21 September 2017.

You should read this Customs Information Paper (CIP) if you’re involved in importing from or exporting to Canada. It’s about the entry into force of a reciprocal preferential trade agreement between the EU and Canada.

This CIP remains in place until further notice.

Detailed guide: Pay Contributions Equivalent Premiums

Updated: Guidance updated to show it won't be possible to pay at the Post Office from 15 December 2017.

Overview

Employers or pension scheme administrators pay a Contributions Equivalent Premium (CEP) when an employee leaves and:

  • has less than 2 years pensionable service
  • is not entitled to any benefits from a contracted-out salary related scheme
  • has rights in the state scheme which can be restored by payment of a CEP

How much time to allow

Make sure you pay HMRC by the deadline or you may have to pay a penalty.

The time you need to allow depends on how you pay.

Payment method Time allowance
Online or telephone banking (Faster Payments) Same or next day
CHAPS Same or next day
Government Banking Service Same or next day
At your bank or building society Same or next day
At the Post Office Same or next day
Bacs 3 working days
By cheque through the post 3 working days

If the deadline falls on a weekend or bank holiday, make sure your payment reaches HMRC on the last working day before (unless you’re paying by Faster Payments).

Ways to pay

Bank details for online or telephone banking, CHAPS and Bacs

You can pay by Faster Payments, CHAPS or Bacs to HMRC’s account.

Sort code Account number Account name
20 20 48 30944793 GBS Re NICO Receipts HMRC

You’ll need your 9-character Scheme Contracting Out Number (SCON). You’ll find this on your contracting out certificate.

Your payment may be delayed if you use the wrong reference number.

Payments by:

  • Faster Payments (online or telephone banking) usually reach HMRC on the same or next day, including weekends and bank holidays
  • CHAPS usually reach HMRC the same working day if you pay within your bank’s processing times
  • Bacs usually take 3 working days

Check your bank’s transaction limits and processing times before making a payment.

The Government Banking Service (GBS)

Employers such as government departments and health authorities who have a GBS account can pay using the GBS online service.

If you enter HMRC’s GBS account details incorrectly there may be a delay updating your record or your payment may not reach HMRC.

Provided you make a payment by the GBS deadline it will reach HMRC on the same day.

At your bank or building society

Use your payslips to pay at your own bank or building society. You can pay by cash or cheque made payable to ‘HM Revenue and Customs only’ followed by your 9-character SCON. You’ll find this on your contracting out certificate.

Your payment may be delayed if you use the wrong reference number.

HMRC will accept your payment on the date you make it and not the date it reaches HMRC’s account, if you pay between Monday and Friday.

At the Post Office

You won’t be able to pay at the Post Office from 15 December 2017.

You can pay up to £10,000 at the Post Office without being charged using:

  • cheque (if accepted)
  • cash
  • debit card

Contact your local Post Office branch to check if you can pay by cheque.

If you can pay at your Post Office you’ll need to:

  • take your HMRC payslip with you (or you’ll be charged for using this service)
  • make cheques payable to ‘Post Office Ltd’

HMRC will accept your payment on the date you make it and not the date it reaches HMRC’s account, if you pay between Monday and Friday.

By cheque through the post

Send your cheque made payable to ‘HM Revenue and Customs only’ followed by your 9-character SCON. You’ll find this on your contracting out certificate.

Don’t fold the cheque or fasten it to other documents.

HMRC will accept your payment on the date you make it and not the date it reaches HMRC’s account, if you pay between Monday and Friday.

HM Revenue and Customs
NISPI Payments
Room BP2102
Benton Park View
Newcastle upon Tyne
NE98 1ZZ

If you’re paying by post, you can include a letter with your payment to request a receipt from HMRC.

Detailed guide: Pay Stamp Duty Land Tax

Updated: Guidance updated to show it won't be possible to pay at the Post Office from 15 December 2017.

Overview

From 1 April 2015 SDLT no longer applies to land transactions in Scotland. These will be subject to Land and Buildings Transaction Tax.

SDLT is paid when property is bought or transferred in the UK.

Payment of SDLT shouldn’t be confused with paying:

SDLT payments and returns are due within 30 days of the ‘effective’ transaction date. This is usually the date of transaction completion but can be earlier, such as the date:

  • the purchaser is entitled to take possession of the property
  • the first rent payment is due
  • of substantial completion - where at least 90% of the payment (or other exchange) is made

How much time to allow

Make sure you pay HMRC by the deadline or you may have to pay a penalty, interest or both.

The time you need to allow depends on how you pay.

Payment method Time allowance
Online or Faster Payments Same or next day
CHAPS Same or next day
At your bank or building society Same or next day
At the Post Office Same or next day
By debit or credit card online Same or next day
Bacs 3 working days
By cheque through the post 3 working days

Make sure your payment reaches HMRC on the last working day before the deadline if it falls on a weekend or bank holiday (unless you’re paying by Faster Payments).

Ways to pay

You can pay by Faster Payments, CHAPS or Bacs to HMRC’s account.

Bank details for online, CHAPS and Bacs

Sort code Account number Account name
08 32 10 12001020 HMRC Shipley

You’ll need your 11-character Unique Transaction Reference Number (UTRN). You’ll find this on your paper return or on your electronic SDLT5 certificate.

Your payment may be delayed if you use the wrong reference number.

It’s recommended that you make separate payments for each unique UTRN. If you need to make a single payment to cover a number of transactions you should first contact HMRC’s Shipley Accounts Office for further information. Only contact this team for advice on CHAPS payments.

Payments by:

  • Faster Payments (online or telephone banking) usually reach HMRC on the same or next day, including weekends and bank holidays
  • CHAPS usually reach HMRC the same working day if you pay within your bank’s processing times
  • Bacs usually take 3 working days

Overseas payments

Use these details to pay from an overseas account.

Account number (IBAN) Bank identifier code (BIC) Account name
GB03 BARC 2011 4783 9776 92 BARCGB22 HMRC Shipley

If you need to provide your bank with HMRC’s banking address it is:

Barclays Bank Plc
1 Churchill Place
London
United Kingdom
E14 5HP

By debit or credit card online

You can pay online.

There is a fee for credit cards.

You won’t be able to pay with a personal credit card from
13 January 2018.

If you’re unable to make full payment by credit or debit card you’ll have to pay a different way.

HMRC limit the number of credit and debit card payments you can make to any single tax regime within a given period of time, so that only a reasonable number of payments can be made.

They’ll decide what’s reasonable by checking payment card industry standards and guidance, and may withdraw the facility to pay by credit or debit card from any customer who tries to bypass the limit.

You’ll need your 11-character UTRN. You’ll find this on your paper return or on your electronic SDLT5 certificate.

Your payment may be delayed if you use the wrong reference number.

HMRC will accept your payment on the date you make it and not the date it reaches HMRC’s account, including on bank holidays and weekends.

At your bank or building society

You can make payment at your own branch by cheque or cash. You’ll need your 11-character UTRN. You’ll find this on your paper return or on your electronic SDLT5 certificate.

Make sure that you:

  • use your own bank branch - or you’ll be charged for the service
  • use your HMRC payslip if you completed a paper return or use software that requires a payslip that shows the UTRN of your submitted return
  • make cheques payable to ‘HM Revenue and Customs’ and write your UTRN on the front

Your payment may be delayed if you use the wrong reference number.

HMRC will accept your payment on the date you make it and not the date it reaches HMRC’s account, if you pay between Monday and Friday.

At the Post Office

You won’t be able to pay at the Post Office from 15 December 2017.

You can pay up to £10,000 at the Post Office without being charged using:

  • cheque (if accepted)
  • cash
  • debit card

Contact your local Post Office branch to check if you can pay by cheque.

Make sure that you either use:

  • your HMRC payslip if you completed a paper return, or you’ll be charged
  • software that requires a payslip that shows the UTRN of your submitted return

You should make cheques payable to ‘Post Office Ltd’.

HMRC will accept your payment on the date you make it if you pay between Monday and Friday, not the date it reaches HMRC’s account.

By cheque through the post

Make your cheque payable to ‘HM Revenue and Customs only’ followed by your 11-character UTRN. You’ll find this on your paper return or on your electronic SDLT5 certificate. If you’re sending a cheque for more than one UTRN you should send a schedule listing each UTRN against each amount.

If you filed a paper return you’ll need to complete the payslip (from the back of the return) and send this with your cheque.

Don’t fold the cheque or fasten it to other papers.

You should allow 3 working days for your payment to reach HMRC.

If you filed a paper return and wish to pay by cheque at the same time, send your return and payment to:

HMRC Stamp Taxes
Comben House
Farriers Way
Netherton
Merseyside
L30 4RN

If you filed electronically but choose to pay by cheque, send your payment, enclosing a payslip or quoting a UTRN to avoid delay to:

HM Revenue and Customs
Direct
BX5 5BD

You don’t need to include a street name, city name or PO box with this address.

If you have a reply envelope showing a different address (HM Revenue and Customs, Bradford, BD98 1YY), you can still use the envelope to post your cheque.

If you’re paying by post you can include a letter with your payment to request a receipt from HMRC.

Detailed guide: Pension scheme administrators: how to pay tax

Updated: Guidance updated to show it won't be possible to pay at the Post Office from 15 December 2017.

Overview

As a pension scheme administrator of a registered pension scheme you must report tax charges in an Accounting for Tax (AFT) Return using HM Revenue and Customs’s (HMRC’s) Pension Schemes Online service.

The deadline for reporting and paying the tax charges is the same.

Tax period Filing and payment deadline
1 January to 31 March 15 May
1 April to 30 June 14 August
1 July to 30 September 14 November
1 October to 31 December 14 February

How much time to allow

Make sure you pay HMRC by the deadline or you may have to pay a penalty.

The time you need to allow depends on how you pay.

Payment method Time allowance
Online or telephone banking (Faster Payments) Same or next day
CHAPS Same or next day
Government Banking Service Same or next day
At your bank or building society Same or next day
At the Post Office Same or next day
Online with a debit or credit card Same or next day
Bacs 3 working days
By cheque through the post 3 working days

If the deadline falls on a weekend or bank holiday, make sure your payment reaches HMRC on the last working day before (unless you’re paying by Faster Payments).

Ways to pay

Bank details for online or telephone banking, CHAPS, Bacs

You can pay by Faster Payments, CHAPS or Bacs to HMRC’s account.

Sort code Account number Account name
08 32 10 12001020 HMRC Shipley

You’ll need your 14-character reference number. You’ll find this on your online receipt when you file your pension scheme’s AFT Return on the Pension Schemes Online service.

Your payment may be delayed if you use the wrong reference number.

Payments by:

  • Faster Payments (online or telephone banking) usually reach HMRC on the same or next day, including weekends and bank holidays
  • CHAPS usually reach HMRC the same working day if you pay within your bank’s processing times
  • Bacs usually take 3 working days

Overseas payments

As the scheme administrator of a registered pension scheme you should use these details to pay from an overseas account.

Bank identifier code (BIC) / Swift code Account number (IBAN) Account name
BARCGB22 GB03 BARC 2011 4783 9776 92 HMRC Shipley

If you need to provide your bank with HMRC’s banking address it is:

Barclays Bank Plc
1 Churchill Place
London
United Kingdom
E14 5HP

If you are the manager of an overseas pension scheme you should contact HMRC before paying the overseas transfers charge.

The Government Banking Service (GBS)

Employers such as government departments and health authorities who have a GBS account can pay using the GBS online service.

If you enter HMRC’s GBS account details incorrectly there may be a delay updating your record or your payment may not reach HMRC.

As long as you make a payment by the GBS deadline it will reach HMRC on the same day.

Online with a debit or credit card

You can pay by debit or credit card.

There is a fee for credit cards.

If you’re unable to make full payment by credit or debit card you’ll have to pay a different way.

HMRC limit the number of credit and debit card payments you can make to any single tax regime within a given period of time, so that only a reasonable number of payments can be made.

They’ll decide what’s reasonable by checking payment card industry standards and guidance, and may withdraw the facility to pay by credit or debit card from any customer who tries to bypass the limit.

You’ll need your 14-character reference number. You’ll find this on your online receipt when you file your pension scheme’s AFT Return on the Pension Schemes Online service.

Your payment may be delayed if you use the wrong reference number.

HMRC will accept your payment on the date you make it and not the date it reaches HMRC’s account, including on bank holidays and weekends.

At your bank or building society

You’ll need to order a payslip from HMRC to pay this way. It can take up to 10 days to arrive. Use another method if you need to pay before then.

You can order a payslip by writing to HMRC.

Pension Schemes Services
HM Revenue and Customs
BX9 1GH

Use the payslips to pay at your own bank or building society. You can pay by cash or cheque made payable to ‘HM Revenue and Customs only’ followed by your 14-character reference number. You’ll find this on your online receipt when you file your pension scheme’s AFT Return on the Pension Schemes Online service.

Your payment may be delayed if you use the wrong reference number.

HMRC will accept your payment on the date you make it and not the date it reaches HMRC’s account, if you pay between Monday and Friday.

At the Post Office

You won’t be able to pay at the Post Office from 15 December 2017.

You’ll need to order a payslip from HMRC to pay this way. It can take up to 10 working days for them to arrive. Use another method if you need to pay before then.

You can pay up to £10,000 at the Post Office without being charged using:

  • cheque (if accepted)
  • cash
  • debit card

Contact your local Post Office branch to check if you can pay by cheque.

To pay at the Post Office you’ll need to:

  • take your HMRC payslip with you (or you will be charged for using this service)
  • make cheques payable to ‘Post Office Ltd’

HMRC will accept your payment on the date you make it and not the date it reaches HMRC’s account, if you pay between Monday and Friday.

By cheque through the post

You’ll need to order a payslip from HMRC to pay this way. It can take up to 10 working days for them to arrive. Use another method if you need to pay before then.

Send your payslip and a cheque made payable to ‘HM Revenue and Customs only’ followed by your 14 character reference number.

Don’t fold the payslip or cheque and do not fasten them together.

You should allow 3 working days for your payment to reach HMRC. Send your cheque to:

HM Revenue and Customs
Direct
BX5 5BD

You don’t need to include a street name, city name or PO box with this address.

If you have a reply envelope showing a different address (HM Revenue and Customs, Bradford, BD98 1YY), you can still use the envelope to post your cheque.

If you’re paying by post, you can include a letter with your payment to request a receipt from HMRC.

Official Statistics: Venture Capital Trusts: number of trusts and amount of funds raised (October 2017)

Investments in Venture Capital Trusts (VCTs) are notified to HM Revenue and Customs (HMRC), but not in a form suitable for data capture. Therefore, information on the number of VCTs and funds raised are obtained from publicly available internet sources.

As a result, these figures are outside the managerial control of HMRC and are not considered National Statistics. However, they are published annually by HMRC as our current best indicators of the number of VCT funds and the amounts they raise.