Guidance

Securities in respect of releasing a VAT credit

Employers and traders, HM Revenue and Customs (HMRC) may ask for a deposit or bond.

From:
HM Revenue & Customs
Published
28 December 2012

Documents

PDF, 298 KB, 2 pages

Details

HMRC can ask you to pay a cash deposit or bond if they think there鈥檚 a risk you won鈥檛 pay your tax or duty on time. They call this a 鈥榮ecurity鈥�. If you don鈥檛 pay your bill HMRC can use the security to settle it.

Updates to this page

Published 28 December 2012

Sign up for emails or print this page

Related content