DMBM200100 - Payment processing and accounting: payment methods: contents

Some content of this manual is being considered for archiving. If there is content you use regularly, please email hmrcmanualsteam@hmrc.gov.uk to let us know as soon as possible.

The following table and text describe the payment methods available to HMRC customers and identifies those treated as electronic payments.

Electronic payments are HMRC’s preferred payment method as they are more efficient and secure than other methods. A common view often held by customers is that electronic payments are only made over the telephone or internet. For example, they do not always realise that paying at their bank or at the Post Office is classified as electronic because the credit is transferred to HMRC electronically.

Every opportunity should be taken to encourage customers to pay electronically. When dealing with customers you should explain the Department’s reasons for preferring the use of electronic payments and emphasise that paying electronically:

• is safe and secure
• gives them better control over their money
• provides certainty about when their payment will reach HMRC
• avoids postal costs and delays
• may lower their bank charges.

1. DMBM200110

   Bacs Direct Credit
2. DMBM200120

   Bank Giro
3. DMBM200130

   CHAPS
4. DMBM200150

   Certificates of Tax Deposit
5. DMBM200160

   Cheques
6. DMBM200170

   Debit and credit card by phone
7. DMBM200180

   Debit and corporate/business credit card over the internet (OPS)
8. DMBM200210

   Direct Debit
9. DMBM200230

   Funding Bonds and Loan Notes
10. DMBM200240

    Government Banking Service
11. DMBM200250

    Internet/phone banking and Faster Payments
12. DMBM200260

    Post Office