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Topic: Making sure of the process  (Read 908 times)

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Making sure of the process
« on: June 11, 2020, 01:03:11 PM »
Ok, I will need to file a paper self-assessment again this year, as I owe some tax to HMRC for 2019/20 for my US Social Security income.  Please correct the following if it is not accurate. 

1) I have to file the paper self-assessment by 31 October 2020.  As we will be, unless things change remarkably, back in the USA by then, I will file it before we leave using tracked mail.

2) I have until 31 January 2021 to pay the taxes due. As it's not a big enough amount to trigger the "pay and balancing" scheme, I can just send the whole amount at once, as long  as it's before 31 January.

3) HMRC will not take a personal credit card. They will take a debit card (for an extra fee?) or a paper check. Would it be reasonable to pay what I think I owe by check in advance so as to have that out of the way and not have to remember to do it later? As I understand it, I can't send the check with the self-assessment as it has to go to a different mailing address.

4) I also need to file a form advising HMRC that I am leaving the country. I assume I can put that form in with the self-assessment form before I go? That would stop them expecting any future self-assessments from me? (I will not owe taxes for 2020/21.)

5) That will be the end of my interactions with HMRC.

Thanks, all.


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Re: Making sure of the process
« Reply #1 on: June 11, 2020, 01:23:00 PM »
I have always filed online so can't give advice from experience except to say that paying HMRC using a debit card does not come with a fee, unlike using a credit card.  I've paid many times now using a debit card and it is in my opinion very secure, plus cheaper and more reliable than sending a check via registered mail.
Dual USC/UKC living in the UK since May 2016


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Re: Making sure of the process
« Reply #2 on: June 11, 2020, 01:27:43 PM »
I have always filed online so can't give advice from experience except to say that paying HMRC using a debit card does not come with a fee, unlike using a credit card.  I've paid many times now using a debit card and it is in my opinion very secure, plus cheaper and more reliable than sending a check via registered mail.

Thanks.


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