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:
https://www.billpayment.co.uk/hmrc/scripts/index.asp
- 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.
More Posts
Chancellor announces that IR35 reform will be scrapped
IR35 reform in both the private and public sectors is to be repealed, the Chancellor announced in the mini Budget, held on Friday 23rd September.
This surprise development made up just one of many welcome tax changes, as Liz Truss’s new-look government promised to start “a new era” and unleash the potential of UK business.
Why is accounting for a start-up business important?
Why do some start-ups succeed while others are doomed to fail?
It’s an often-quoted statistic that around 60% of businesses fail in their first three years – with 20% folding within just twelve months.
But why?
Why freelancers should hire an accountant
In the world of work, freelancing is an increasingly popular option. The promise of flexibility, unlimited earning potential and complete control over the way you work is a hugely attractive prospect for many.