Guidance

Securities in respect of VAT at risk

Employers and traders, HMRC may ask for a deposit or bond.

• From: HM Revenue & Customs
• Published: 7 July 2014
• Last updated: 8 April 2020
  Show all updates

  1. 8 April 2020

     Attached new updated leaflet due to coronavirus (COVID-19) measures put in place.

  2. 7 November 2019

     The 'How to give security’ and ‘What if we require security from you and you disagree’ sections have been updated.

  3. 7 July 2014

     First published.

Documents

Securities in respect of VAT at risk

PDF, 44.9 KB, 4 pages

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.