Personaltax-whenisincometaxandcapitalgainstaxpayable?

Income tax collected through PAYE is generally paid as you earn, but tax due through self assessment follows a different timetable, with a main payment date each year and, for many taxpayers, payments on account made in advance towards the following year's liability. Capital gains tax has its own reporting and payment rules, which can differ depending on the type of asset sold, particularly for residential property.

Understanding when payments fall due, and planning cash flow around them, helps avoid the interest and penalties that follow late payment. Payment dates and reporting windows are set by HMRC and reviewed periodically, so we always confirm current deadlines with clients as part of preparing their returns and advise on how to plan ahead for what is owed.