What are my tax obligations?
Every company is required to disclose and pay any necessary tax associated with making payments via the Revolut Business network. It's the Revolut Business account holder or business's responsibility to determine what, if any, taxes apply to the payments made or received through our Revolut Business Services, and to collect, report and remit the correct tax to the appropriate tax authority. We strongly recommend you to seek legal/tax advices if you're unclear on any of the tax reporting implications associated with using Revolut Business.
HMRC does not support local GBP transfers via Faster Payments, BACS or CHAPS. Always double check the correct HMRC bank details on their website. You may need to contact HMRC directly to get more help with your tax payments.