Payment on account

[AtW]

you can reduce or eliminate any payment on account if you have different plans for the current year (make sure you account for any dividend tax above the 5k zero-rated band).

And if you get it wrong then I think you'd have to pay interest...

[jamesbrown]

And if you get it wrong then I think you'd have to pay interest...

Yup, I mentioned that above. Requires some caution.

[OwlHoot]

Service charges? New roof and a shed load of outside renovations planned?

Look on the bright side though, once all that is done, your place will be worth more, as all those anticipated service charges won't come off the sale price.

[AtW]

Service charges? New roof and a shed load of outside renovations planned?

Lady in bank asked whether I've made sure the bank details for transfer are not fraudsters, I said they were worse - tax office...

[MrMarkyMark]

Yeah

You can have it reduced if you have different plans for the current year (but you'd better be sure, otherwise you'll pay interest on any discrepancy).

Yep, exactly what my accountant advised. It was good tax planning to take a wedge last tax year, as long as you had "legitimately" it obviously .

Feeling rich on the bench, at the moment, for once.

Obviously extra chuffed as I haven't had to claim JSA

@ATW you obviously didn't get your Queens award for your knowledge of contractor tax