As your Nelson and Marlborough based Chartered Accountants we would like to remind you about an important date coming up. Do you have an end-of-year bill to pay for your income tax, Working for Families Tax Credits, or student loan? To avoid penalties and interest it’s important that you pay before the deadline.
If you’re not sure how much you owe and and when your payment is due, as a Johnston Associates South client, you can find out by asking us to check your account details against those held with the Inland Revenue.
As a client of Johnston Associates South you might have more time to pay. Call us if you are at all unsure.
Why do you have to pay?
If you have a bill due 7th February it will be for income tax, Working for Families Tax Credits or your student loan. There are a few common reasons why you might have an end-of-year bill to pay.
- You’re earning either a salary or wages or are on a benefit
- You’re self-employed or earning business income
- You receive Working for Families Tax Credits
- You have a student loan