Interest will be charged from the due date until HM Revenue & Customs (HMRC) receives your payment. HMRC’s current rates of interest can be found on their website www.hmrc.gov.uk.
However, late payment penalties do not apply to payments on account. And therefore, no penalties will be charged.
Your local TaxAssist Accountant would be happy to give you tips and tools to help you manage your cashflow and meet your tax liabilities moving forward.