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Posted Tue, 11 Jul 2023 07:22:49 GMT by
Hello, just a quick question regarding payment of my self-assessment bill. Let's say for example, my bill is £20,000 for the tax year 22-23, which if I am correct, is due in January 2024. Is there any reason NOT to just leave this money in a savings account (earning interest) until January? I ask because I would usually pay things as soon as possible, but I guess if I can earn 5% interest on it in my savings, I might as well, right? Or am I missing something?
Posted Fri, 14 Jul 2023 14:36:01 GMT by HMRC Admin 10
Hi
We only ask that you pay the amount due by the due date.
Thankyou.

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