My position is that I have this week received a notification from HMRC for immediate payment of my self assessment return for FY2016/17. Oh and interest is also already being charged.
I have questioned this with my accountant who has advised that the POAs due to be paid at end of Jan and July were removed deliberately for this FY, as I had taken a higher than normal dividend during the previous year (15/16) and the amount would not be known for 16/17.
So HMRC are now suddenly demanding immediate settlement. I do wonder if this is part oversight of my accountant, who should have advised at least a minimum POA payment to be made, or is this a standard approach ?
I was not aware of this until the letter came through and so not sure how to play this. Any advice welcome.
I have questioned this with my accountant who has advised that the POAs due to be paid at end of Jan and July were removed deliberately for this FY, as I had taken a higher than normal dividend during the previous year (15/16) and the amount would not be known for 16/17.
So HMRC are now suddenly demanding immediate settlement. I do wonder if this is part oversight of my accountant, who should have advised at least a minimum POA payment to be made, or is this a standard approach ?
I was not aware of this until the letter came through and so not sure how to play this. Any advice welcome.
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