When is the tax due on an amended Accounting for Tax (AFT) return?
If there is any additional tax due, as a result of the amendment, it is due from the same date as the tax on the Accounting for Tax (AFT) return you have amended. If it has not been paid then interest will be charged for late payment. For example If you have an AFT for the quarter ended 30 September 2006 The tax due for the quarter ended 30 September 2006 is £5,000 and would be payable by 14 November 2006 The AFT was then amended on 31 December 2006 There is additional Tax due of £2,500. This is also payable by 14 November 2006 If it is not paid by 14 November 2006 interest will run from 15 November 2006 until it is paid.
