Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Oil Taxation Manual

From
HM Revenue & Customs
Updated
, see all updates

PRT: administration: payment provisions - payment on account - PRT 6

PRTA80\S1

For each chargeable period PRT is accounted for by a system of instalments (see OT04210) commencing in the chargeable period itself, and a payment on account, (see OT04180) which falls due two months after the end of the chargeable period. On assessment any balance of PRT due and not met by instalments is payable six months after the end of the chargeable period or, if later, 30 days after the date of assessment.