HMRC reminds self assessment taxpayers of July 31 deadline

Millions of self-employed individuals, landlords, and other Self Assessment taxpayers across the UK have one month remaining to meet a key tax deadline. HM Revenue and Customs (HMRC) is reminding customers that the second "Payment on Account" for the 2025-26 tax year must be made by July 31.

These payments are advance instalments towards the following year's tax bill and are typically required if a taxpayer's previous Self Assessment bill was more than £1,000 and less than 80% of the tax owed was collected through PAYE or other deductions. Each of the two annual payments is usually half of the previous year's tax liability.

Officials warn that leaving the payment until the last minute can cause unnecessary stress and that missing the deadline can lead to interest charges and penalties. For those struggling with the bill, HMRC encourages setting up a weekly or monthly payment plan, with any instalments already paid counting towards the July total. The tax authority also promotes its official app as the quickest way to pay, noting that nearly two million Self Assessment customers have used it since its 2022 launch and over 110,000 payments have been made through it since April...