If you’re self-employed or running a limited company, consider this your gentle nudge: It’s July and time to pay your tax bill.
👉 The second HMRC tax payment of the year is due by 31st July.
It’s called a payment on account, and even though it sounds vague and mildly threatening, it’s really just HMRC’s way of asking for part of next year’s tax bill up front. For other dates have a look here
Let’s break it down in a therapist-friendly way.