Self Assessment Payments on Account Explained

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About Course

Payments on account are advance payments towards your next Self Assessment tax bill. Learn who has to make them, how they are calculated, the 31 January and 31 July deadlines, the balancing payment and how to reduce them if your income falls.

This course gives general information about UK law and official guidance as at October 2026. It is not legal, tax or financial advice. Rules can change and can differ between England, Wales, Scotland and Northern Ireland, so check the official sources linked here or take professional advice for your situation. Tutwoo is independent and not affiliated with or endorsed by any government body or regulator.

© 2026 Tutwoo UK Limited. This course was created in-house by Tutwoo and is our original work. It is for your own learning only: please do not copy, share, record or resell it.

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What Will You Learn?

  • Work out whether you need to make payments on account
  • Calculate each payment and the balancing payment
  • Plan for the 31 January and 31 July deadlines
  • Know how and when to reduce payments on account

Course Content

Course Lessons

  • What payments on account are
  • Balancing payments and a worked example
  • Reducing payments on account and avoiding problems

Sources & Further Reading
The official guidance this course is based on.

Final Assessment

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