Get it right on reference numbers, HMRC says

HM Revenue & Customs (HMRC) has announced that it is contacting some customers if they have sent a payment without a reference number or with an incorrect one.

HMRC said 22 January that it might be phoning or writing to customers who had sent it a payment by:

  • Bacs Direct Credit
  • Faster Payments by online or telephone banking

explaining why it was important to give the correct reference the next time they pay.

HMRC said: “When you make a payment to HMRC you should use the right reference number. This makes sure your payment reaches your account and that way you won’t get reminders after you’ve paid.

“You also need to make sure you enter your reference number with no spaces between the characters or it could lead to delays in HMRC updating your records.”

Meanwhile, from April 2013 employers will only have to deal with one HMRC bank account.

HMRC has said that from month 01 of the 2013-14 tax year, employers making payments by the methods listed above will need to use its Accounts Office Cumbernauld account.

HMRC has started to send employers information about this change ready for 2013-14.

Link: Paying HMRC

Wilder Coe Ltd
Our mission is to care for each of our clients so that their expectations and goals are met and exceeded. So whether you’re looking for tax minimisation, wealth maximisation or simply a professional service with a personal touch Wilder Coe Ltd’s partner-led approach, combined with a commitment to developing an understanding of your business and a rapport with you and your staff, ensures that you and your business always get the right level of attention and service you need.

We are a multi-faceted practice providing a wide range of professional business services including accountancy, auditing and taxation. For more information, please contact us.

This blog has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this blog without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this blog and, to the extent permitted by law, Wilder Coe LTD, or its Members, Partners, employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this blog or for any decision based on it.

Please contact Wilder Coe for further information and bespoke professional advice, tailored to your circumstances, on any matters of specific interest to you.