Be aware that not only must the tax return be filed online by 31st January, but HMRC also want the payment in before that date, preferably cleared to your account!
For anyone attending to it at the last minute (moi?) this means you lose some days, as you must calculate the tax before you can arrange the payment.
Obviously, you can pay (using a debit card)over the telephone, or internet.
The 'trick' is that the funds must be cleared. This implies that they must receive the payment 3 or 4 working days beforehand.
As 31st January falls on a Tuesday, I guess that means you should finalise both the return and payment by midnight Wednesday 25th to be safe?
We all accept that if the payment is made late, interest becomes payable. That's fair. But the above system also 'triggers' the £100 penalty!
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