TMA70/S86

TMA70/S59A

TMA70/S59B

Relevant dates

Interest runs from the relevant date until payment and is directly related to the year of assessment.

Payments on Account (S59A(2) TMA70)

The relevant dates are

31 January within the year of assessment (based on 50 per cent of the previous year's net income tax liability)

31 July immediately following the end of the year of assessment (again based on 50 per cent of the previous year's net income tax liability)

subject to any claim to reduce the payment due see EM4660.

Balancing Payments (S55 TMA70 or S59B TMA70)

The relevant date is

31 January immediately following the end of the year of assessment.

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