When is the payment date for paper submissions compared to electronic payments?

Prepare for the ACCA Advanced Taxation Exam. Use interactive flashcards and multiple-choice questions, complete with hints and comprehensive explanations. Ensure your success on exam day!

The accurate payment dates for paper submissions and electronic payments are crucial for meeting tax obligations. For paper submissions, the deadline is the 19th, while for electronic payments, it is the 22nd. This distinction is significant as it allows for a grace period in electronic payments, which can often involve processing times that differ from those of paper submissions.

By understanding these deadlines, taxpayers can ensure they make their payments on time and avoid potential penalties or interest charges. It's essential to keep in mind that the process and timing for electronic submissions may offer other advantages, such as instant acknowledgment of receipt, which can help in confirming that your payment has been processed timely. This context reinforces the importance of choosing the correct answer regarding the respective payment dates for paper versus electronic submissions.

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