United KingdomGOV.UK
Non-sterling payments fall short as bank takes conversion fee
HMRC rewrites the currency rule identically across its CCL, Gaming Duty and Economic Crime Levy payment guides: non-GBP payments are converted with the fee taken from the payment, leaving a shortfall to top up.
By Taxxa AI OyPublished 13 November 2026
Industry: Across industries
Businesses paying HMRC from a non-sterling account face a new shortfall ruleGOV that now reads identically across three payment guides
GOV. The Pay Climate Change Levy, Pay Gaming or Bingo Duty and Pay your Economic Crime Levy pages all replace their old one-line currency warnings with the same directive and the same consequence
GOV: pay HMRC in pounds sterling (GBP)
GOV, and if you pay in any other currency the bank will convert it
GOV and take a conversion fee from the payment
GOV, so HMRC receives less than intended
GOV and a further payment is needed to make up the full amount
GOV.
The practical change is who bears the fee and what follows. The old wordings said the bank may charge for non-sterling payments, which read as a separate bank charge levied on the payer. The new rule states the fee comes out of the remitted sum itselfGOV: the converted payment arriving at HMRC is net of the fee
GOV, which means the liability is underpaid by exactly that amount
GOV. A payer who remits the headline liability figure in a foreign currency will therefore always be short
GOV, and must make another payment so that HMRC receives the full amount
GOV.
The scope of the instruction also widens on one of the three pages. The levy page previously spoke only to overseas payments, advising that overseas payments should be made in sterling. The replacement drops the overseas qualifier: the directive and the conversion-fee consequence now apply to any payment in another currency, however it is routedGOV. The Climate Change Levy and Gaming Duty pages move from an imperative one-liner to the same fuller directive plus the shortfall mechanism
GOV.
Payers within these regimes who cannot remit in sterling should check what HMRC actually received against the liability dueGOV. Any gap needs a prompt top-up payment: the guidance states HMRC receives less than intended
GOV, so the liability is met only once the further payment brings HMRC receipts up to the full amount
GOV.
The revised wording appears identically in HMRC payment guidance: Pay Climate Change Levy, Pay Gaming or Bingo Duty and Pay your Economic Crime LevyGOV.
Remit CCL, Gaming or Bingo Duty and Economic Crime Levy liabilities in pounds sterling, and where a foreign-currency payment was used, check HMRC receipts and top up any conversion-fee shortfall.