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Tide Accounting

How do I pay my tax bill to HMRC with my Tax account?

Head to your Tax Account in the app and tap: ‘Pay HMRC’ > select an HMRC account from the list > add the amount and reference > confirm and approve the payment. 

If this payment fails for any reason, the money will return back to your Tax Account.

Our regular bank transfer fee applies when you pay HMRC. If you’re on our Lite plan, you will get 5 free monthly transfers, then it’s 20p per transfer. The same fee applies if you’ve exceeded your paid plan’s free transfer allowance.

When you're on hybrid billing, we won't immediately charge you the fee for:

  • All your Faster Payments

  • CHAPS you receive

  • Direct Debits you send

  • Bankers' Automated Clearing Services (BACS) – that includes Direct Credits – you receive

When confirming the transaction, you’ll see on the transaction screen an icon noting that we'll keep track of these fees all through the month. On the 2nd of the following month, we'll collect them as an aggregated total.

Hybrid billing is now available to some of our new members. If you are billed in-line with each transaction and see the fee appear within the transaction screen, then you're still not on hybrid billing.

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