Review Your 31 July 2010 Payment On Account

The 2nd 2009/10 tax year payment on account falls due for payment by 31 July 2010 to avoid incurring interest charges. The amount due is effectively a payment in advance and is based on your taxable income for the tax year ended 5 April 2009 (given that the latest filing date for your 2010/2011 tax return is 31 January 2011). In the current economic climate combined with low interest rates it would be prudent to consider ...