Commentary

A4.605 Income tax and capital gains tax—due date for payment

Administration and compliance

A4.605 Income tax and capital gains tax—due date for payment

Dates when tax due and payable

A4.605 Income tax and capital gains tax—due date for payment

Payments on account

The tax liability for any tax year cannot be known until after the end of that year, so to preserve a flow of tax to HMRC, payments on account of that liability may be due.

Income tax and Class 4 national insurance

If payments on account are due in respect of income tax (and Class 4 national insurance contributions, if appropriate), two equal payments are due by1:

  1.  

    •     31 January in the tax year, and

  2.  

    •     31 July following the end of the tax year

For example, the 2020/21 payments on account are due by 31 January 2021 and 31 July

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