Pay your Economic Crime Levy

When to pay

You must pay the levy by 30 September each year.

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 a penalty, interest or both.

How much to pay

The amount you need to pay will depend on your UK revenue for all accounting periods ending within the financial year.

The financial year runs from 1 April to 31 March of the following year.

There are 4 bands based on UK revenue: 

• small entities (up to £10.2 million) 

• medium entities (over £10.2 million up to £36 million) 

• large entities (over £36 million up to £1 billion) 

• very large entities (over £1 billion) 

If your relevant accounting period is not 12 months, the band ranges are amended pro rata using the number of days in the relevant accounting period. 

Small entities do not need to pay the levy, however: 

• medium entities must pay £10,000 

• large entities must pay £36,000 

• very large entities must pay £500,000

The amount you need to pay may be reduced if you carry out regulated activities for only part of the financial year.

What you need

You need your 14-character Economic Crime Levy return number, starting with an X.

You can find this:

• in your Economic Crime Levy account
• in your HMRC business tax account if you registered online
• on the email HMRC sent you to confirm your Economic Crime Levy return had been submitted

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

Pay online

You can pay online using one of the following methods:

• approve a payment through your online bank account
• Direct Debit
• debit or corporate credit card

Pay now

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 ready to pay this way.

The payment is usually instant but can take up to 2 hours to show in your bank account.

You can select a date to pay, as long as it’s before your payment is due.

You must check with your bank to make sure that the payment has left your account on the date you have chosen to pay us.

Paying online by Direct Debit

Set up a Direct Debit through your HMRC online account.

You’ll need the Governmentsign Gatewayin userdetails ID and password you used when you registered for the account.

Making a single payment

You’ll need to set up a payment each time you pay HMRC.

You should set up the payment at least:

• 5 working days before your return due date (the first time you do it)
• 3 working days before your return due date if you use the same bank details as a previous single payment

The payments will show on your bank statement as ‘HMRC NDDS’.

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 use a corporate credit or debit card. 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 — 12529599
• account name — HMRC General Business Tax Receipts

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) — GB86 BARC 2005 1740 2043 74
• Business Identifier Code (BIC) — BARCGB22
• account name — HMRC General Business Tax Receipts

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:

If you’ve paid too much

Find out how to claim a refund if you’ve paid too much Economic Crime Levy.

Contact HMRC for help with the Economic Crime Levy

Only call HMRC for help with the Economic Crime Levy if you cannot find an answer using our online services or guidance. 

This helpline may ask you some security questions.

Make sure your details and address are up to date in your Economic Crime Levy account or you could fail telephone security.

If you have already registered, you will need your Economic Crime Levy registration number. You can find this:

• in your Economic Crime Levy account
• in your HMRC business tax account if you registered online 
• on the email HMRC sent you to confirm your Economic Crime Levy return had been submitted