c

Two weeks to payment on account deadline

13th July 2023 by NASGP

Two weeks to payment on account deadline

GPs who pay tax on account have two weeks to pay their next bill.

Self-assessment taxpayers have until midnight on Monday 31 July to make their second ‘payment on account’ instalment, although payments can take up to five days to process.

Self-assessment taxpayers are usually those self-employed for at least a year, with bills over £1000 who have not yet paid all tax owed.

GPs can manage accounts on LocumDeck’s Bookkeeper and export invoices by date paid. We have also added a new member-requested feature to export invoices and pension details by date paid. Try it yourself today.

NASGP regularly runs advice from Association of Independent Specialist Medical Accountants firms like Honey Barrett. Recent articles include their advice on how GPs can prepare for the end of the tax year and advice on how to record GP income.

Read our advisory info on common tax-related questions.

"As a newly-qualified CCT and a GP moving to a new region post-CCT, I found LocumDeck and the NASGP to be very helpful. LocumDeck has been useful: Ali Lewis helped me to set myself up, get in touch with practices and book sessions, and also helped me chase payments. The NASGP itself, providing peer support and advice, has also been very good. I would certainly encourage my colleagues to join."

Dr Smita Sharma, GP, Hertfordshire

See the full list of features within our NASGP membership plans

Membership