What is a balancing payment and when is it due?
A balancing payment is the final amount of Income Tax, Class 4 National
Insurance Contribution, Student Loan Repayments and Capital Gains Tax due for
the year. This is after taking into account any payments on account that you
may have made during that year.
The balancing payment is normally due by the 31 January following the end of
the tax year.
You can view the date your balancing payment is due by following the 'View
account' and 'Current position' links in the left-hand menu.
