Guidance

Securities in respect of PAYE and National Insurance contributions

Find out when HMRC may ask for a deposit or bond if you're an employer or trader.

From:
HM Revenue & Customs
Published
7 July 2014
Last updated
24 February 2022 — See all updates

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Securities in respect of PAYE and National Insurance contributions

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Details

HMRC can ask you to pay a cash deposit or bond if they think there’s a risk you will not pay your tax or duty on time.

They call this a ‘security’. If you do not pay your bill HMRC can use the security to settle it.

Published 7 July 2014
Last updated 24 February 2022 + show all updates

  1. Information about the services provided and HMRC's privacy notice has been added to the guide.

  2. Details of the fine for not giving security in full have been updated and details of paying by credit card or into a joint bank account with HM Revenue and Customs have been removed.

  3. Details on how to make a deposit or bond payment to HMRC have been updated.

  4. Updated the guidance on how to give HM Revenue and Customs a security by making a payment.

  5. First published.

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