The second instalment of income tax for 1998/99 is due on 31 July 1999, so if you are planning your holidays for the second half of July, you had better ensure that your tax payment is sorted out before you go, warn KPMG Tax Advisers.
Elspeth May, Personal Tax Partner, KPMG said: ‘In the next couple of weeks, the Inland Revenue should be issuing statements to all taxpayers who are due to make a 31 July payment. If you have not received a statement by about 20 July, and you think you should make a payment, contact your tax office. The statement will contain details of the amount owing and incorporate a payslip which you should send with your cheque to the Inland Revenue. Do not leave this until the last moment - make sure your cheque arrives on time in order to avoid an interest charge.’
