PAYE Tax Return

Dear ALL, I hope you can help, I am currently working on my tax return for 2023-2024 Tax year I lost this employment to take time off in the 2024/2025 Tax year. However, The tax calculation is expecting me to pay tax on the 2024-2025 year even though I submitted the date my employment ceased. Will this be recalculated at a later date to take this into account?

Hi njc23,
Please refer to:
Understand your Self Assessment tax bill
Thank you. 
 

Dear HMRC Thank you for the link, I have noted from the link you can reduce payments on account. In my case I am having a year off so there will not be any tax for this current tax year 24/25 although HMRC thinks there will be. Will I have an option to " reduce payments on account" only once I have submitted my 23/24 tax return? Please note I have added the date of leaving my employment. Once again thanks for your help

Hi,

That is correct, you should be able to reduce your 2024 to 2025 payments on account once you submit your 2023 to 2024 return.

Thank you.