HM Revenue and Customs (HMRC) is urging Self Assessment taxpayers to prepare for the second Payments on Account deadline, which falls on 31 July. This deadline marks the midpoint for the 2025 to 2026 tax year, and taxpayers who fail to make the payment on time may face penalties and interest.
According to HMRC, the HMRC app is the quickest way to pay, with over 110,000 payments made through the app since April. The app allows taxpayers to set up payment plans, which can help to spread the cost of their tax bill over several instalments.
Taxpayers who are struggling to pay their tax bill can also contact HMRC to discuss their options. HMRC offers a range of support services, including online help and support, to help taxpayers navigate the Self Assessment process.
The second Payments on Account instalment is due on 31 July, and taxpayers are reminded to make the payment on time to avoid any potential penalties. The first quarterly submissions deadline for the 2026 to 2027 tax year is 7 August 2026, and taxpayers in scope are required to use Making Tax Digital (MTD) for Income Tax.