If you submit your returns ealy would you avoid pay the advance Tax ie I have just posted (05/01/14) my self assessment for 2012/13, I have to pay the tax for 2012/13 which is fine but I have to pay advance of tax on earnings for 2013/14, is there any way of not paying the advance until the Jan'14, or do I have to bear with it?
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By "advance of tax on
By "advance of tax on earnings for 2013/14", you mean your payments on account of the tax for that year - right?
Yes you have to pay the first payment by 31 January 2014 and the second by 31 July 2014 to avoid interest accruing from those dates. There are not penalties if you don't but you will probably have unwanted correspondence from HMRC.
You could claim to reduce the payments on account if you expect your 2013/14 income to be less than your 2012/13 income (which I am assuming is what your payments are based upon). If the eventual liability exceeded these payments then HMRC would charge interest on the underpayment. HMRC could, theoretically, apply penalties if you reduced them just to avoid paying the tax now.
Do you mean ...
... If I file my 2013/14 tax return early, will the actual figures replace the payments on account?
If so, the answer is Yes - you will have already paid the first payment on account due on 31 Jan 14, but if your 2013/14 tax liability is lower than your 2012/13 liability on which the payments on account are based, the balance of the actual 2013/14 tax liability will replace the amount of the second payment on account, but it will still be due on 31 Jul 14 and there would be no balance due on 31 Jan 15.
The only other way of avoiding payments on account is to have less than £1,000 of tax to pay for a year.