Why Is My Tax Bill Double? | Self Assessment Payments 2026

business owner revieving 2 tax bills

If you are self-employed, a landlord, or a company director with personal tax to settle, and your January tax bill came with a second instalment due on 31 July, you may have unknowingly been pulled into a system called Payments on Account. For many people, the July payment lands as a complete surprise. They filed […]

What is Section 455 Tax?

unsure what a section 455 tax is?

If you are a company director and have ever transferred money from your business account into your personal account “just temporarily”, you may have unknowingly created what’s called a Director’s Loan. And if that loan is not repaid in time, your company could face an additional HMRC tax charge known as Section 455 Tax. The […]