REMINDER – If your 05 April 2014 Self Assessment tax liability was in excess of £1,000, your second Payment on Account (50% of total 05 April 2014 liability) towards your 05 April 2015 liability is due and payable to HMRC by 31 July 2015.
You can find details of these amounts on your personal tax computation (FREXXXX-TC-2014) saved on your client portal. Please check the amount as detailed on the computation, to ensure when making payment, the correct payment amount is made.
Payment can be made by cheque, bank transfer or using the following link:
- Click pay now
- Click pay under self assessment
- Enter your unique tax reference number (10 digits) and the amount to be paid and the remainder of your details
Should you have any queries regarding your personal tax return, please contact your Account Manager.
The article outlines the typical tax payment dates and methods of estimating the values of tax payable for each type of tax, including VAT, PAYE, NIC, CIS, Corporation Tax, and Dividend and Personal Taxes.
Rishi Sunak has proposed a number of changes to the way that Corporation Tax will be calculated and applied. Learn more.