WIll not paying tax affect T1G extension?

[wazee89]

Hi,
My visa is expiring in january 2013 and have to apply for extension then.

applying as employed + self employed.

as my extension is due in january, so i have to submit two annual returns i.e from april 11 to mar 12 and another from april 12 to dec 12 ( Accountant letter and management accounts).

I am confused if i should pay my tax before 31st January 2013 for the year ending on Mar 12?

The last date is 31st january but was thinking if it can get negative before caseworker at PEO?

I am finding it difficult to pay it now and planning to pay it later in january.

Any thoughts?

Thx in Advance

[meetravi]

As long as you prove that you have time till Jan 2013 with accountant letter and (or) HMRC Corporation tax acknowledgement with due date. You should be fine with it and you could pay it later as far as I know.

[marynwokedi]

Hi,

If you apply for your extension before 31st January,2013 ( Tax payment deadline ) then you don't need to pay tax before application as you have not reached deadline.

Scenario: If you apply on days between 1st - 30th January,2013, you do not need to pay tax before you apply.
If you apply on dates from 31st January 2013 onward, then you have to pay tax by 31st January and it will be handy to show proof that your tax for 2011/2012 has been paid.

Hope this helps