Collecting Unpaid Tax for 2018/2019 via your PAYE Code
Post Author:
Rona Burns
Date Posted:
November 25, 2019
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Under certain circumstances it is possible to arrange the collection of outstanding income tax via your PAYE code rather than making a balancing payment on 31 January 2020.
This will depend upon the amount of tax outstanding and the amount of your income already subject to PAYE. There is a further condition that your 2019 Tax Return must be submitted to HMRC online before 30 December 2019 to give HMRC time to amend your 2020/2021 PAYE code to collect any tax due for 2018/2019.
So please let us have tax return information as soon as possible and by the beginning of December 2019 at the latest if you would like to take advantage of this facility.
The deadline for lodging 2019 Returns is 31 January 2020. Therefore if your 2019 Tax Return is still to be lodged and you wish our assistance to complete this, we would also urge you to let us have your information as soon as possible, even if you do not want any tax collected via your PAYE code.
