Policy paper

HMRC issue briefing: tax fraud warning about ‘Bills of Exchange’ schemes

This briefing explains ‘Bills of Exchange’ schemes which are being promoted as alternative ways of paying HMRC liabilities.

• From: HM Revenue & Customs
• Published: 13 May 2026

Documents

Tax fraud warning: Attempts to use ‘Bills of Exchange’ to pay HMRC

HTML

Details

HMRC is aware that promoters are marketing ‘Bills of Exchange’ as an alternative way to pay HMRC liabilities. These schemes are particularly marketed to the recruitment and temporary labour sectors. HMRC does not accept Bills of Exchange as a valid form of payment.

Published 13 May 2026