How do you pay your self assessment tax bill?

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How do you actually pay your UK tax bill? Today we’ll take a look at paying a Self Assessment tax bill in the UK. We’ll also take a look at a couple of tips to make sure you’re not paying too much tax! As per usual, I am not an accountant. Always used a good accountant.

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HMRC contact address:

Self Assessment
HM Revenue and Customs
BX9 1AS
United Kingdom

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#Accounts #SmallBusiness #Tax
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Pay by bank is great, I used it for the first time this years return and used it recently to make a large purchase (log burner). It basically sends a request to your bank for the amount you need to pay then you log into your banking app separately and can approve or deny it. You don't actually give them any more details than you would normally to pay using the traditional methods.

gingerelvis
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Andy, thank you for this video. Just checked my account and have found that I to have been charged interest for late payment back in 2010 and 2011. Be very interested to hear how you get on with HMRC. Cheers Tim

TimOE
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Very helpful video; I have to pay my first Self-Assessment tax-bill soon - because of increased Savings Interest this year! I phoned at 8 am to discuss a problem and got through to a very helpful person within 37 seconds! I'm concerned that you found Interest due which you know is wrong - and also that links don't work. I tried to fill in a Survey about my experience of HMRC recently and, guess what....? Yes, the links didn't work!! I'd love to know if you got a rebate eventually?

Musicmanleeds
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I've used pay by bank account a couple of times now which works well. My accountant always tells me to not log in though & you input a reference number instead 🤷🏼‍♀️ I then log in a few days/a week later to check it's been assigned to my account.
I find they often don't tell you things, I've had it myself where they didn't bother to notify me or my accountant who files my SA, fingers crossed you get it refunded

outoftheburrough
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I’ve always paid directly from my bank account, to HMRC Cumbernauld with my tax reference and it shows up after a couple of days. I’ve never paid directly through their website.

arnoldsnodgrass
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I got a 14 digit code that it says to quote... but there's no where to put it in ??

andyweb
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I've done all my self employed tax, paid tax and national insurance though despite paying around £800 plus national insurance in with my tax bill ... the last 3 years National Insurance still shows as unpaid, as in 'gaps' ... anyone else having this problem?

MakeAllThingsBeautiful
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Thanks for video, maybe you know and can help me, so im already returned tax around 900 this year but when i login i see there is gap in my national insurance history for last year
I believe it's need to be paid class4, but how long take usually?

sandisblumbergs
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