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Did you know, filing your 21-22 tax return now could reduce your payment on account for July!
Payment on Account is due for many on 31st July 2022.
By now you will have received your brown envelope off HMRC if you are due to make a payment on account on 31st July.
If you earnt less in the period 6th April 2021 to 5th April 2022 than you did in the previous year now is the time to file your return and look to reduce your payment on account this July.
Not sure – do your return now, filing early doesn’t mean paying early.
Information from Go Simple Tax
