Today is the last chance to pay income tax for 2008/9 before the 5% surcharge
Today will be the last time you can pay your income tax by directbank transfer without attracting the 5% surcharge on unpaid income taxfor the 2008/9 fiscal year. This allows time for your bank to transferthe payment so that it arives cleared at HMRC on or before 31st July2009.
You may have already sufferred the 5% surcharge on unpaid 2007/8income tax on 28th February 2009, this will be your second surcharge onany balance outstanding.
There will also be an interst charge at the current HMRC interest rates.
If you are a client and would like any advice regarding the paymentof income tax please contact your Personal Accountant. If you are notcurrently a client, please feel welcome to book a free initial consultation with me.