Guidance

Pay Pillar 2 top-up taxes (Domestic Top-up Tax and Multinational Top-up Tax)

How to pay Pillar 2 top-up taxes, and how long it takes for your payment to reach HMRC.

This guide explains how and when to pay Pillar 2 top-up taxes (Domestic Top-up Tax and Multinational Top-up Tax).

When to pay

Payments must be made no later than:

  • 30 June 2026, if the first accounting period the group is required to report Pillar 2 Top-up Taxes ends on or before 31 December 2024
  • 18 months after the last day of the group’s accounting period, if the first accounting period the group is required to report Pillar 2 top-up taxes ends after 31 December 2024
  • the later of 30 June 2026 and 15 months after the last day of the group’s accounting period for all other periods

If the deadline is on a weekend or bank holiday, make sure your payment reaches HMRC by the end of the previous working day.

If you do not pay by the deadline, you may need to pay interest.

What you need

You need your Pillar 2 ID reference. This is a 15-character reference number starting with X. This will have been provided when you registered.

If you do not have this, you’ll find it by signing into HMRC online services using your Government Gateway user ID.

If you use an incorrect reference number there will be a delay in the payment being allocated correctly.

Pay by bank transfer

If you pay by CHAPS (Clearing House Automated Payment System) or Faster Payments, your payment will be received on the same or next working 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
  • Business Identifier Code (BIC) — BARCGB22
  • account name — HMRC Shipley

You should make all payments in pound 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

Pay by cheque

Allow 3 working days for your payment to reach HMRC.

Make your cheque payable to ‘HM Revenue and Customs only’ and write your reference number on the back.

Do not fold the cheque or attach it to other papers.

You can include a letter to ask for a receipt.

Send your cheque to:


HMRC
Direct
BX5 5BD

Updates to this page

Published 20 November 2024

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