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Jul 31, 2011

Tax authorities warn of bank account changes

HM Revenue and Customs (HMRC) has reminded taxpayers of changes to its bank account.

As from 9 August 2011, businesses and individuals will no longer be able to use the old Bank of England account.

Any payments directed to the Bank of England accounts after this date will be rejected automatically by the banking system, HMRC said.

To ensure that that payments are made on time, it is essential that the correct bank account information is used.

Details can be found at: http://www.hmrc.gov.uk/payinghmrc/index.htm