WE ALL NEED A LITTLE HELP WITH OUR FINANCES FROM TIME TO TIME AND NOT ALL FINANCIAL ADVISERS UNDERSTAND THE UNIQUE NEEDS OF CONTRACTORS AND FREELANCERS.
When and how to pay
Important deadlines to remember;
31st October – Last date paper filings for the previous tax year (6th April to 5th April)
31st January – last date for on-line filing and first payment on account due and any balancing payment due
31st July – Second payment on account due
If you complete your Self-Assessment online, you will be given the opportunity to make the Payment on Account at the same time as your balancing payment for the previous tax year. If you file your return online, you will receive a paper bill along with a Bank Giro form that you can use to make a payment.
Thank you for this, and taking the time to explain things, I appreciate your customer service”