How to pay Multinational Corporate Income Tax (MCIT)

​When to pay

If your multinational enterprise (MNE) group is within scope of MCIT, you must pay the tax in two instalments for each account period, as explained below: 

• 50% of the reasonable estimate of the MCIT amount must be paid within 5 months after the end of the accounting period
• the remaining 50% must be paid within 12 months after the end of the accounting period 

For example, if an MNE group’s accounting period ends on 31 December 2025: 

• 50% of the MCIT must be paid by 31 May 2026
  
• the remaining 50% must be paid by 31 December 2026 

These payment deadlines are the same for all in-scope MNE groups, based on the accounting period of the group’s ultimate parent entity.

If the deadline falls on a weekend or on a bank holiday or a public holiday, you must make your payment to Revenue Jersey by​ the end of the previous working day. 

​Payment reference number

​You must include your Pillar Two payment reference number in the payment reference field exactly as provided.

If you use an incorrect reference number, there may be a delay in your payment being allocated correctly.

If you need to confirm whether a payment has been received, contact us at pillar2@gov.je​. We can confirm receipt when the payment has been processed.

Accepted payment currency

You should make all payments in pounds sterling (GBP).

If your MCIT calculations are done in a currency other than GBP, you need to convert the MCIT amount into GBP. To do this, use the Bank of England's exchange rate from the last day of your accounting peri​od.

How to pay

Pay​ by bank transfer

If you pay by CHAPS (Clearing House Automated Payment System) or Faster Payments, your payment is usually received by Revenue Jersey on the same or next working day.

If you pay by BACS, allow up to 3 working days for your payment to reach Revenue Jersey.

Before making a payment, we recommend checking your bank’s processing times and any transaction limits.

Account details to use if your account is in Jersey​

Use the following details to make a payment if your account is in Jersey. These are different from any other Government of Jersey bank details you might normally use.

Account details to use if your account is overseas

Use the following details to make a payment if your account is overseas: 

If required, you can provide your bank with the following Government of Jersey banking address:

HSBC Bank Plc
PO Box 14
St Helier
Jersey
JE4 8NJ 

To send remittance, email incomeremittances@gov.je.

​​Need help?

If you have any questions, contact the Pillar Two team, email pillar2@gov.je.

Published: 29 April 2026
Last updated: 29 April 2026