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This article does not constitute advice. Professional advice should be taken prior to acting on any part of it. The Financial Conduct Authority does not regulate tax advice.
Q. How can I pay my January tax payment?
Answer: As well submitting your self-assessment tax return online by midnight on 31st January, you are also required to pay any tax that is outstanding and make your first payment on account.
It may seem like a lot to do, but it is imperative that you don’t forget. If you do, you can be fined and face paying interest and surcharges.
How to make payment
Making payment is easy. HMRC offer various methods to suit your needs.
Same or next day
- online or telephone banking
- CHAPS
- by direct or credit card online
- at the bank or building society
- at the Post Office
If you are paying via your bank or building or through the Post Office, you will need a paying-in slip from HMRC.
3 working days
- BACS
- direct debit (make sure you already have this set up with HMRC)
- via cheque through the post
5 working days
- direct debit (make sure you already have this set up with HMRC)
If the deadline falls on a weekend or on a bank holiday, please make sure your payment reaches HMRC on the last working day before the deadline.