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How to pay business rates

Date updated: 31/07/2023

You are entitled to pay business rates by monthly instalments or quarterly, half-yearly or annually. The instalment arrangement is set out on your bill. Payment methods available are detailed below.

Direct debit

This is a simple way of paying your business rates; you only have to sign a direct debit instruction once. We require the original signed instruction to be returned to us, a scanned copy can be sent via email. We cannot set up your direct debit without this. Amounts will be collected automatically as they fall due. The direct debit scheme comes with the guarantee that is offered by all banks and building societies taking part in the scheme.

The efficiency and security of the scheme is monitored and protected by your own bank or building society. If the amount to be paid or the payment date changes the City of London will notify you ten working days in advance of your account being debited or as otherwise agreed.

If an error is made by the City of London or your bank or building society, you are guaranteed a full and immediate refund from your branch of the amount paid. You can cancel a direct debit at any time by writing to your bank or building society but please also send a copy of your letter to us.

A Direct Debit instruction can be downloaded below.

Business Rates direct debit instruction PDF (150KB)
Date submitted: 18/07/23

Direct bank payment (BACS)

Please see the City of London Business Rates bank details below:

Sort code: 30-00-00
Bank account number: 00363545
You must quote your 8 digit business rates account number that begins with a 2

If you’re paying for more than one account, please email a remittance advice to chb.cashiers@cityoflondon.gov.uk and businessrates@cityoflondon.gov.uk (with a breakdown of the account number and payment amount) to make sure that there's no delay in allocating the payments to the accounts.

Direct bank payment (CHAPS)

Please see the City of London Business Rates bank details below:

Sort code: 30-00-02
Bank account number: 01500983
You must quote your 8 digit business rates account number that begins with a 2

If you’re paying for more than one account, please email a remittance advice to chb.cashiers@cityoflondon.gov.uk and businessrates@cityoflondon.gov.uk (with a breakdown of the account number and payment amount) to make sure that there's no delay in allocating the payments to the accounts.

Pay at your bank

Pay at your bank using the details listed above.