Guidance
Securities in respect of VAT at risk
Employers and traders, HMRC may ask for a deposit or bond.
Documents
Details
HMRC can ask you to pay a cash deposit or bond if they think there’s a risk you will not pay your tax or duty on time. They call this a ‘security’. If you do not pay your bill HMRC can use the security to settle it.
Updates to this page
Published 7 July 2014
Last updated 8 April 2020
show all updates
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Attached new updated leaflet due to coronavirus (COVID-19) measures put in place.
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The 'How to give security’ and ‘What if we require security from you and you disagree’ sections have been updated.
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First published.