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These extra HMRC tax payments can be tough to deal with. In this video Dan runs through how they work. This video uses the example of a self-employed small business owner, but it works the same for anyone having to pay them (directors, landlords etc), so watch on! Topics include How HMRC Payments on Account work How payments on account are calculated When you are to pay payments on account Examples of how payments on account work How self-employed payments on account work … and more! You can sign up to Xero’s Accounting Software with a great discount here: https://www.heelanassociates.co.uk/xero If you have any questions or thoughts on this, please comment below. Subscribe to our Podcast on Spotify and Apple: “The HeelanHub Podcast” - a show for small business owners. You can also watch on our other YouTube channel / @heelanhub Join our mailing list for tax tips at: www.heelanassociates.co.uk You can see more about what we get up to as an Accountancy Business on the following: LinkedIn (Dan): / danheelan Instagram (Dan): / danheelan Twitter (Dan): / danheelan TikTok (Dan): / dan.heelan Instagram (Company): / teamheelan Facebook (Company): / heelanassociates Twitter (Company): / heelanassocs Web: https://www.heelanassociates.co.uk Call: 02392 240040 Email: info@heelanassociates.co.uk #accounting #smallbusinessuk #tax Note: As always, these videos are educational and should not be considered financial advice. Seek professional advice on your specific situation. Various links here may contain businesses in which we are a partner and therefore we receive a small commission if you buy via those links.