The concept of payments on account is relevant to the people who file their self-assessments. Payments on account are advance payments of tax liabilities (including Class 4 National Insurance for self-employed) to HMRC. In simple words, you will make advance payment of tax for your next year tax bill. For example, if your tax liability
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September 16, 2021
February 27, 2020
Changes to capital gains tax payment for UK property sales
Changes to capital gains tax payment for UK property sales The deadlines for paying Capital Gains Tax after selling a residential property in the UK are changing from 6 April 2020. Disposal of UK Residential property by a UK Resident From 6 April 2020, if you’re a UK resident and sell a residential property in