Remember to pay your second payment on account for personal 2020 tax by 31st July. Personal tax payments are made up of three different payments. One half in January and one half in July of that year and then if there is a balance due following submission of your tax return, this is payable in January of the following year.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 27th March 2025
Remember from 6th April the minimum wage for over 21 year old employees raises to £12.21 per hour, aged 18-20 £10.00 with 16-17 year olds and apprentice rates increasing to £7.55 per hour.