This dataset contains Stamp Duty Land Tax (SDLT) transaction level data for 2003 to 2017. HMRC have now also implemented partial postcode information so that the location of transactions can be determined to a greater degree of accuracy.

SDLT dataset for financial years 2003/04 to 2016/17

The HMRC Datalab

The HMRC Datalab allows approved researchers to access de-identified HMRC data in a government accredited secure environment.

Read more about the HMRC Datalab.

Introduction

Statute provides for the use of a defined market value where a participator in a UK oil field disposes of crude oil, liquefied petroleum gases (LPGs) and condensate otherwise than by way of a sale at arm’s length.

A separate market value is produced for each taxable crude blend and there are 2 types of crude oil for valuation purposes.

Category 1 oil

The crude oils that are valued using Price Reporting Agency data. At present these crudes are:

• Brent
• Ekofisk
• Flotta
• Forties
• Statfjord

The category 1 values for:

• 2016, 2015 and 2014 are shown above
• 2013 and earlier years are on the National Archives website

Category 2 oil

All other blends (including LPGs and condensates) are classed as category 2. Category 2 oils are valued with reference to deal data supplied to the Large Business Service Oil and Gas Sector in Petroleum Revenue Tax Returns. The methodologies used resemble the way each particular blend is sold at arm’s length and are agreed with industry.

Overview

If you operate an EMI or a SIP there are a number of occasions when you need to agree the value of your shares with HM Revenue and Customs (HMRC) Shares and Assets Valuation (SAV).

Here you’ll find out how you can get your shares valued by SAV and the service you can expect.

How to get your shares valued

For SIPs

You need to:

• propose a value for the shares
• provide background information to support your proposal
• fill in and return the VAL 230 form

For EMIs

You need to:

• propose both the unrestricted market value and actual market value for any shares under options that carry restrictions which affect their market value
• fill in and return the VAL 231 form

See the return address for your form

How long valuations are valid for

EMIs

Valuations for EMIs are valid for 60 days from the date of the agreement. You may be able to extend this agreement period for a further 30 days by writing to SAV. Include written confirmation that no significant events have happened since the original valuation or are likely to happen in the period for which you’re asking for the extension.

SAV contact details

SIPs

You may be able to agree with SAV that the agreed valuation stands for a defined period of 6 months. You can end this defined period at any time before the end of 6 months by contacting SAV.

The defined period would also end early if a significant event happens which is likely to impact the share value.

When the defined period ends, you may apply to extend it by writing to SAV. You’ll need to provide written confirmation that no significant events have happened since the original valuation or are likely to happen in the period for which you’re asking for the extension.

SAV contact details

Significant events

Significant events can include (but aren’t limited to):

• any change (completed or actively contemplated) in the share or loan capital of the company
• any arm’s length transaction (completed or actively contemplated) involving shares of the company
• negotiations or preparations for a flotation or takeover
• any declaration of a dividend on any class of shares in the company
• the publication by the company of any new financial information, for example, the annual accounts or interim results or announcement

You only need to tell HMRC about a significant event when you next need a valuation. After a significant event, you must reapply to have your shares valued.

What to expect from SAV

When SAV has all the information it needs, it aims to reach an agreed valuation within 4 weeks of getting your request form. If it has to ask for further information, this can take longer.

If you want to appoint an accountant or professional valuation firm, SAV will deal directly with them. Make sure the relevant section on the VAL 230 or 231 form is signed for and on behalf of the company. You should also make sure your professional adviser has all the facts, as you’ll be responsible for the accuracy of the information given to SAV.

If you or your professional advisors want to meet to discuss the valuation, SAV will try to arrange one at a mutually convenient time and place. This may mean the process takes longer than usual.

SAV will always be courteous, fair and professional. If you or your professional advisers raise a question or issue in writing, it aims to respond within 10 working days and, if it can’t, will let you know the reason for the delay and when you can expect a full response.

You can expect SAV to explain any actions it takes, for instance, why it:

• would like to meet with you
• needs to question any explanation you’ve given
• proposes a valuation different to yours

Your company, its directors and its shareholders have the right to the same degree of confidentiality that all taxpayers receive. Except in the limited circumstances allowed by law – such as at tribunal hearings – SAV will only give information to people you have authorised.

Complaints

If you think SAV has made a mistake or treated you unfairly, you can ask for the matter to be reviewed. The assistant director in charge of the part of SAV where the valuation was carried out will complete the review.

To find out how to make a complaint, read the complaints factsheet.

If you’re still not happy with the outcome, the factsheet also explains how you can take your complaint further.

Estimates of the number of employers that have taken up the Employment Allowance. This publication includes breakdowns by region, sector, constituency and employer size.

Revenue and customs briefs are bulletins giving information on developments and changes of interest. They are used to announce changes in policy or to set out the legal background to an issue and have a 6 month life span.

You can find revenue and customs briefs published before 1 January 2013 on the National Archive website (Opens new window).

These newsletters are published by HMRC to update you on the latest news and updates for moving goods within the EU using Community, Common Transit and TIR.

Older content can be found in the National Archives.

This publication presents an overview of ATED statistics, covering receipts, reliefs and geographic breakdowns.

This notice cancels and replaces Notice 179 of 13 April 2016.

Overview

Only use this guide if you want to pay taxes, penalties or enquiry settlements to HM Revenue and Customs (HMRC) and:

• you can’t find instructions on how to make your payment in other paying HMRC guides
• your payment reference starts with X

Payslips

You’ll usually get a ‘Notice to Pay’ from HMRC with a payslip attached to make a payment, but there may be times when you won’t have one. For example, if you’ve agreed a payment with HMRC over the phone.

You must have a payslip to pay at:

• your bank or building society
• the Post Office

Payment reference

If you don’t have a payslip you should still have a payment reference from HMRC that’s 14 or 15 characters long and starts with X. You’ll need this when you make a payment.

Don’t use this guide if your payment reference doesn’t start with an X, check the other paying HMRC guides to find out how to pay.

Contact HMRC if you’re unsure about your payment reference.

How much time to allow for payments to be received by HMRC

Make sure you pay HMRC by the deadline shown on your ‘Notice to Pay’ or you may have to pay a penalty.

The time you need to allow for your payment to reach HMRC depends on how you pay.

Pay online by Direct Debit

If you’re registered to use HMRC Online Services you can set up a Direct Debit online to collect your payment.

You should set up the Direct Debit at least 5 working days before the date you want your payment to be collected.

You can only use this service if you’re registered for one or more of the following services:

• Self Assessment Online
• PAYE for employers
• Corporation Tax Online
• CIS Online
• Machine Games Duty Online

Pay online with telephone banking, CHAPS or Bacs

You can pay by Faster Payments, CHAPS or Bacs to HMRC’s account using these details if you can’t find instructions on how to make your payment in other paying HMRC guides:

You’ll need your 14 or 15 character payment reference that begins with X and is on your payslip.

Payments by:

• Faster Payments (online or telephone banking) usually reach HMRC on the same or next day, including weekends and bank holidays
• CHAPS usually reach HMRC the same working day if you pay within your bank’s processing times
• Bacs usually take 3 working days

Pay from overseas

Use the following details to pay from an overseas account:

Use the following address if you need to give your bank HMRC’s banking address:

Pay online with a debit or credit card

Use the Pay Tax service to pay online with a debit or credit card.

There’s a fee for credit cards.

You’ll need your 14 or 15 character payment reference that begins with X and is on your payslip.

If you’re unable to make full payment by credit or debit card you’ll have to pay a different way.

HMRC will accept your payment on the date you make it, not the date it reaches HMRC’s account (including bank holidays and weekends).

HMRC limit the number of credit and debit card payments you can make to any single tax regime within a given period of time, so that only a reasonable number of payments can be made.

They’ll decide what’s reasonable by checking payment card industry standards and guidance and may withdraw the facility to pay by credit or debit card from any customer who tries to bypass the limit.

Pay at your bank or building society

Use the payslip attached to your ‘Notice to Pay’ to pay at your bank or building society.

You can pay by cash or cheque made payable to ‘HM Revenue and Customs only’ followed by your 14 or 15 character payment reference that begins with X and is on your payslip.

If you pay between Monday and Friday HMRC will accept your payment on the date you make it, not the date it reaches their account.

Pay by cheque in the post

Send your payslip and a cheque made payable to ‘HM Revenue and Customs only’ followed by your 14 to 15 character payment reference that begins with X and is shown on the payslip.

If you don’t have a payslip give the following details:

• your name, address and telephone number
• your payment reference that begins with X
• the period that you’re paying
• the amount you’re paying

Don’t:

• fold the payslip or cheque
• fasten documents together

Allow 3 working days for your payment to reach HMRC and send your payment to:

You can include a request for a receipt with your payment.

Pay at a Post Office

Paying your bill at the Post Office is quicker and more secure than sending a payment by post.

Use the payslip attached to your ‘Notice to Pay’ to pay by cheque, cash or debit card (up to a maximum of £10,000) or you’ll be charged for using this service.

Make cheques payable to ‘Post Office Ltd’.

If you pay between Monday and Friday HMRC will accept your payment on the date you make it, not the date it reaches their account.

Overview

HMRC will send you a Notice to File with a deadline to send your return and pay what you owe.

The deadline for paying is extended by 7 days if you pay by:

• CHAPS
• Bacs
• Direct Debit

If you’re an overseas insurer and use an agent, they must complete and submit the return and pay HMRC by the deadline.

How much time to allow

You must pay HMRC by the deadline or you may have to pay a penalty.

The time you need to allow for payment to reach HMRC depends on how you pay.

Bank details for online or telephone banking

You can pay by Faster Payments, CHAPS or Bacs to HMRC’s account.

You’ll need your 15-digit reference number. You can find this on the registration certificate, Notice to File and other correspondence HMRC sends you.

Payments by:

• Faster Payments (online or telephone banking) usually reach HMRC on the same or next day, including weekends and bank holidays
• CHAPS payments usually reach HMRC the same working day if you pay within your bank’s processing times
• Bacs payments usually take 3 working days

Overseas payments

You should use these details to pay from an overseas account.

Euros

Other currencies

You may need to provide your bank with HMRC’s banking address:

Direct Debit

To set up a Direct Debit, you can print out and post the Direct Debit Instruction form (EEITT15).

You should allow 10 working days for HMRC to set up your Direct Debit. If it won’t be set up in time, you’ll need to use another payment method.

You’ll need your 15-digit reference number. You can find this on the registration certificate, Notice to File and other correspondence HMRC sends you.

Once HMRC has set up your Direct Debit, they’ll automatically collect the amount shown on your return.

By cheque through the post

Send your return, along with a cheque made payable to ‘HM Revenue and Customs only’, followed by your 15-digit reference number, to the following address:

You should allow 3 working days for your payment to reach HMRC. If you’re sending your payment by post, you can include a letter to request a receipt from HMRC.

Nothing to pay

If you get a Notice to File, but you’ve calculated that you’ve nothing to pay or are due a repayment, you must still send it back to HMRC.