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paying payment on account
Comments
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You might want to read Section 102 and Schedule 54 of the Finance Act 2009. It clearly demonstrates that you're talking rubbish.Nope, if you pay it early then interest will accrue. I've seen it on many occasions and have done so in the past myself. It is however a personal choice, some do and others don't.
Interest is only paid on early payments for a corporation tax liability.0 -
Nope, if you pay it early then interest will accrue. I've seen it on many occasions and have done so in the past myself. It is however a personal choice, some do and others don't.
No, the clue is in the HMRC's own web pages where, for Income Tax, the keyword is "repayment" - so not applicable in this context.0
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