Understanding the 31st July Deadline for Paying Income Tax and National Insurance
Although the 31st January is the usual date for paying Income Tax and National Insurance contributions in full, for many self-assessment taxpayers, the 31st July is another vital date to remember for those who need to make a Payment on Account ... Deadline looming near, Taxes and NIC to be paid, Wallet feeling light As the 31st July deadline approaches, self-employed taxpayers must take proactive steps to ensure they meet their obligations under the self-assessment (SA) system. The importance of this specific date is underscored by the requirement for some taxpayers to make a second payment on account (POA). This POA is based on their prior year's income tax |
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