PAYMENTS ON ACCOUNT DUE BY 31 JULY 2018
The second payment on account for the 2017-18 tax year is due to be paid to HMRC by 31 July 2018 – the first payment on account was due by 31 January 2018. Your payments on account are advance payments made towards your personal tax for each tax year. How much you have to pay is based on your previous years tax return, so your 2017-18 payments on account are based on your 2016-17 tax return. If 2017-18 is your first year in self assessment then you would not have any payments on account to make until 2019. Everyone [...]