Recording Tax Payment on Account to Uk HMRC
I make payments on account for my Tax, in advance, how do i record these payments on account in Freeagent so i can keep track of how much tax i have prepaid and therefore be able to understand how much money i have (i.e. after making sure i keep stuff back for tax).
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Inappropriate?David,
We currently just show the liability generated by that tax year, as you've noticed.
We are certainly planning to allow you to enter payments on account, to give you the actual amounts to be paid on both 31 Jan and 31 Jul in the Timeline, but I can't yet give you an exact date for when that will be done, I'm afraid... -
Inappropriate?I have the question also, how do I account for self assessment on account payments (if that makes sense)
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