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payments on account
account., BrE geleistete Anzahlungen
payment on account
gen. Abschlagszahlung f; Akontozahlung f; laufende Zahlung
account. geleistete Anzahlung
fin. Vorauszahlung f; Anzahlung f; geleistete Anzahlungen; Einzahlung f; Abschlagzahlung f
 English thesaurus
payment on account
gen. Payments on account are tax payments made twice a year by self-employed Self Assessment taxpayers to spread the cost of the upcoming year's tax. They're calculated based on your previous year's tax bill. In other words, HMRC is making a prediction about your future income based on your past income. They're due in two instalments – the deadlines are 31 January and 31 July. (simplybusiness.co.uk LadaP)
payments on account: 17 phrases in 8 subjects
Accounting2
Alternative dispute resolution1
Economy3
Finances3
General2
Law1
Marketing4
Microsoft1