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How do I pay my 31 January Self Assessment Tax Liability?

 Edward Kirkby posted this on Jan 14th, 2017

It’s a well and good submitting your Self Assessment tax return on time, but you still have to make sure your pay your tax bill by the deadline to avoid interest and surcharges.

The deadlines for paying your tax liability are:

  • 31st January for tax that you owe for the previous year and your first payment on account towards your next tax liability (if appropriate).
  • 31st July for your second payment on account towards your next tax liability (if appropriate).

There are numerous ways to make your tax payment such as:

  • online banking
  • chaps
  • bacs
  • at your bank or building society
  • at the post office
  • by cheque through the post

Further details on all the payment methods can be found on the HMRC website here:

https://www.gov.uk/pay-self-assessment-tax-bill/overview

We advise all of our client’s to make payment of their tax liability online by direct debit or credit card using the following link:

https://www.gov.uk/pay-tax-debit-credit-card

All you need is your Unique Tax Reference Number (UTR – this is 10 digits and all correspondence you will receive from HMRC).

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