The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Payments on account - self assessment
Post Info TOPIC: Payments on account - self assessment
111 Bookkeeping and Payroll


Senior Member

Status: Offline
Posts: 287
Date:
Payments on account - self assessment
Permalink Closed

When did payments on account first come in for self assessments?  I've been given a rather interesting job unraveling how some outstanding tax has been incurred over the last 4 or 5 years, and first glance this morning suggests this may be part of the problem.

Also, this gentleman has submitted paper returns so I can't view them online, would HMRC forward me copies if I need them (I may not)



__________________

John
Don Tax


Expert

Status: Offline
Posts: 1716
Date:
Permalink Closed

January 1997 John. Prior to that, the 1st and 2nd instalments were for a finalised tax figure under Previous Year Basis of Assessment.

It might be more relevant that the trigger for POA was raised from £500 to £1000 in 2010.

www.simplybusiness.co.uk/knowledge/articles/2010/02/2010-02-26-payment-on-account-what-it-is-and-how-to-pay/



Kind regards,
Tim

__________________
111 Bookkeeping and Payroll


Senior Member

Status: Offline
Posts: 287
Date:
Permalink Closed

Thanks Tim, I can rule that one out then.  I only had a quick look yesterday, will go through it more thoroughly next week.



__________________

John
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Payments on account - self assessment
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About