Pay overclaimed Research and Development (R&D) tax relief
How to repay R&D tax relief if you claimed too much.
Before you make a payment, you need to tell HMRC about overclaimed Research and Development (R&D) tax relief.
We will send you a payment reference number that you can use to make a payment.
When to pay
We suggest you make a payment on account for the amount in your offer within 30 calendar days of submitting your disclosure. Doing so will prevent any further interest accruing.
If day 30 is on a weekend or bank holiday, make sure your payment reaches HMRC by the end of the previous working day.
What you need
You need your payment reference number.
You can find this on the letter we send to you after you have submitted the disclosure.
If you use an incorrect reference number:
- there will be a delay in the payment being allocated correctly
- you will receive a payment reminder
Pay online
Pay online using one of the following methods:
- approve a payment through your online bank account
- debit or corporate credit card
Paying online through your bank account
You can pay by approving a payment through your online bank account by selecting the ‘pay by bank account’ option.
You will be directed to sign in to your online or mobile banking account to approve your payment.
You will need to have your online banking details to hand to pay this way.
The payment is usually instant but can sometimes take up to 2 hours to show in your account.
Paying by debit or corporate credit card
You can make a full payment online using a debit or corporate credit card. There is a non-refundable fee if you pay using either of these methods. You cannot pay by personal credit card.
Your payment will be accepted on the date you make it and not the date it reaches HMRC’s account (including weekends and bank holidays).
You must make sure the details you enter match those held by your bank or card provider. For example, the billing address should match the one your card is currently registered with.
Pay by bank transfer
If you pay by CHAPS (Clearing House Automated Payment System) or Faster Payments, you can submit your payment on the same or next day.
If you pay by Bacs (Bankers Automated Clearing System), allow 3 working days for the payment to reach HMRC.
We recommend you check your bank’s processing times and maximum transaction limits before you pay.
Account details to use if your account is in the UK
Use the following details to make a payment if your account is in the UK:
- sort code — 08 32 10
- account number — 12001020
- account name — HMRC Shipley
Account details to use if your account is overseas
Use the following details to make a payment if your account is overseas:
- account number (IBAN) — GB03 BARC 2011 4783 9776 92
- bank identifier code (BIC) — BARCGB22
- account name — HMRC Shipley
You should make overseas payments in sterling (GBP). Your bank may charge you if you use any other currency.
If needed, you can provide your bank with the following HMRC banking address:
Barclays Bank Plc
1 Churchill Place
London
United Kingdom
E14 5HP
After you’ve paid
We will write to you to let you know if we have accepted your disclosure. The letter you received with your payment reference number on will have more information on the amount of time this may take.
If we do not accept your disclosure, HMRC will contact you to let you know the next steps.
If you cannot pay the full amount
We suggest you make the full payment of what you owe when you receive your payment reference number.
Let us know if you cannot pay the full amount you owe as soon as you have your payment reference number.
Contact details will be provided with this letter.