When do I need to pay my self assessment tax bill?

By

Chris Andreou

Contents

When do I need to pay my self assessment tax bill?When do I need to pay my self assessment tax bill?

Payments for your Self Assessment tax bill are due on:

  • 31st January: You'll need to pay tax that you owe for the previous tax year, as well as your first payment on account. For the 2020/21 tax year, the first payment on account is due by 31 January 2021, while the balancing payment is due on 31 January 2022.
  • 31st July (following the end of the tax year): You'll need to pay your second payment on account. For the 2020/21 tax year, the second payment on account will be due on 31 July 2021.

Payments for your Self Assessment tax bill are due on:

  • 31st January: You’ll need to pay tax that you owe for the previous tax year, as well as your first payment on account. For the 2020/21 tax year, the first payment on account is due by 31 January 2021, while the balancing payment is due on 31 January 2022.
  • 31st July (following the end of the tax year): You’ll need to pay your second payment on account. For the 2020/21 tax year, the second payment on account will be due on 31 July 2021.

Read more of our free business tax guides

Business accountant available for free consultation

Get a free accounting consultation

We'll walk through everything you need for starting or switching.