HMRC changes bank-transfer payment reference for One Stop Shop VAT returns
HMRC has revised its guidance on paying VAT due under the One Stop Shop scheme, updating the bank-transfer payment reference and spelling out what happens when traders quote the wrong one. The changes are administrative but directly affect whether a payment lands on time and against the right liability, which matters for firms at risk of exclusion from the scheme.
- The bank-transfer payment reference for OSS VAT returns was updated on 14 October 2026.
- A wrong reference may delay payment, settle a different tax bill, or trigger a payment reminder; traders can email HMRC to move it.
- Returns and full payment are due by the last day of the month after each quarter; late payment risks scheme exclusion, penalties or interest.
Executive summary
HMRC has updated its guidance on how to pay the VAT owed on One Stop Shop (OSS) VAT Returns, with two changes recorded in October 2026. On 14 October the payment reference to use when paying by bank transfer was…
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Source documents
https://www.gov.uk/guidance/pay-the-vat-due-on-your-one-stop-shop-vat-returnRead by Regulus 15 Oct 2026 at 12:04 UTC
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