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31 July: deadline for second payment on account

31 July: deadline for second payment on account

 

If you're self-employed and have to file a self-assessment tax return, you probably also pay your income tax 'on account'. This means you pay income tax in two instalments throughout the year, on 31 January and 31 July.

The 31 July deadline for making your second payment on account for the 2012/13 tax year is fast approaching. If you have any tax left to pay for the previous tax year, now is the time to do it if you want to avoid incurring a penalty.

Call us now on 01628 631056 or email our tax specialist, Joy Collins, at joyc@knightandcompany.co.uk for help with paying any outstanding income tax you owe for the 2012/13 tax year.

 

We can help with your tax affairs

We can save you a lot of time, worry, and money by handling your self-assessment for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.

We can act as your agent, dealing directly with HM Revenue & Customs on your behalf and, should you be selected for a self-assessment enquiry, act for you at any meetings.

Contact us to arrange a no-obligation meeting to talk about your needs.