Get ready for July 31st Income Tax Payment on Account
This is a timely reminder for everyone to get ready for the 31stJuly deadline for 2nd payments on account for 2008/9 income tax.
Your payments on account will automatically have been calculated at50% of your previous years income tax bill, unless your tax bill wasless than £1000 and has been colleceted via PAYE.
If you think that your 2008/9 tax bill will be significantly lowerthan 2007/8 which is the year on which your current payments onaccount have been calculated then there is a simple procedure to haveyour payments on account reduced which we can help you with.
If you are a client and would like any advice regarding SelfAssessment Income Tax payments on account please contact us. If you arenot currently a client, please feel welcome to book a free initial consultation.