Search

Page 1 of 1

Confusion Over 31 July Second Payment on Account Deferral

Confusion Over 31st July Second Payment on Account Deferral  There has been some confusion on whether or not HMRC has agreed that there can be a blanket 31st July second payment on account...
/news/confusion-over-31-july-second-payment-on-account-deferral-.htm

Coronavirus - Self-Assessment Payment Deferrals

Coronavirus (COVID-19) Update: Self-Assessment Payment Deferrals  To help ease the financial impact of the coronavirus (COVID-19), the Government has announced that self-employed taxpayers...
/news/coronavirus---self-assessment-payment-deferrals.htm

Q. I have not yet paid my self-assessment payment on account, which was due on 31 July...

Q. I have not yet paid my self-assessment payment on account, which was due on 31 July 2017. Will I be charged a penalty for paying late? A. Interest will be charged on the overdue amount. The...
/news/q-i-have-not-yet-paid-my-self-assessment-payment-on-account-which-was-due-on-31-july.htm

What are payments on account?

What are payments on account? These are part payments for the next year. As, when it is due (31st Jan) it is ten months in to the next tax year, HMRC ask you to pay half of your expected b...
/news/what-are-payments-on-account.htm

Q. Due to cash flow difficulties I have not yet paid my self-assessment...

Q. Due to cash flow difficulties I have not yet paid my self-assessment payment on account, which was due on 31 July 2018. I realise that I will have to pay interest on the amount outstanding, but ...
/news/q-due-to-cash-flow-difficulties-i-have-not-yet-paid-my-self-assessment.htm

CGT (Capital Gains Tax) Payment within 30 days of the sale - coming for Property owners?

The Association of Taxation Technicians (ATT) is warning that owners of second homes and buy-to-let (BTL) landlords may face a much shorter period in which to pay any capital gains tax (CGT) due on...
/news/cgt-capital-gains-tax--payment-within-30-days-of-the-sale---coming-for-property-owners-.htm

Can I defer my self-assessment payment

Q. I am self-employed and my business has been struggling this year due to the coronavirus. I opted to defer my 31 July 2020 tax payment but I'm worried that I will not have the cash to pay the...
/news/can-i-defer-my-self-assessment-payment.htm

Self-assessment – DIY time-to-pay options

Self-assessment – DIY time-to-pay options   The tax return filing deadline for 2019/20 has now passed. However, where taxpayers have struggled to pay any tax they owed by the 31 ...
/news/self-assessment--diy-time-to-pay-options.htm

FAQ

Frequently Asked Questions Q. I have recently started a new job and, for the first time in my career, I have been provided with a company car. I have to pay for fuel for private use but my empl...
/faq.htm

Individuals - Autumn Statement

Individuals Starting rate of savings tax The band of savings income that is subject to the 0% starting rate will be kept at its current level of £5,000 for 2016-17. Employme...
/news/individuals---autumn-statement.htm
FREE Newsletter

Keep in touch with changes that could affect you.

Sign up here