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Payments on Account

HMRC Payment on Account – Example & Definition

The concept of HMRC Payment On Account can be tricky to get your head around so here is the official definition of payments on...

Can I Reduce My HMRC Payments On Account?

Under self assessment rules HMRC require a payment on account towards your tax bill in January and July each year. But what if your...

How are HMRC Payments on Account Calculated?

HMRC payments on account can be confusing and the cause of unexpected tax bills.  Understanding how HMRC payments on account are calculated will help...

Self Assessment Payments on Account due 31 July 2017

If you pay tax through self assessment you may need to make a Payment on Account by 31 July 2017.  Find out how you...

What are HMRC Payments on Account?

If you have been paying your income tax and Class 4 national insurance by self assessment then you are likely to be familiar with...

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