What happens if you pay July self-assessment late?
What happens if you pay July self-assessment late?
Author
Discussion

montecristo

Original Poster:

1,081 posts

201 months

Friday 28th April 2023
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What happens if you pay July self-assessment late? Is it a soft deadline or a real one like January?

And if I'm going to be late with it, or just not pay until January, can I just let July pass or do I have to tell them in advance?

AMST09

570 posts

204 months

Friday 28th April 2023
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You’ll get reminders with interest added same as the January 1

You only get fined I believe for not filing on time

Not to say they won’t eventually chase the debt through debt collectors

Eric Mc

124,994 posts

289 months

Sunday 30th April 2023
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Correct - interest only.
Why does the OP plan to pay late?

Is the Payment on Account too high perhaps?

pghstochaj

3,516 posts

143 months

Tuesday 2nd May 2023
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I did not pay last year (or maybe the year before, I cannot remember) thinking it was only an issue of interest and wanted to wait until some new income came in. I had a debt collection company threaten me. Not sure why it happened like this.