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Posted Tue, 16 Jan 2024 17:08:15 GMT by
Having completed my self assessment, I checked my tax account and note that I have a credit (overpayment). Can I simply subtract my credit amount from the sum that my tax calculation informs me that I need to pay by Jan 31st. I assume this is the case but don't want to 'underpay' and suffer a fine. thanks in advance.
Posted Tue, 23 Jan 2024 10:58:27 GMT by HMRC Admin 32
Hi,

Yes, any credit on your account will be allocated the balance becoming due 31 January.

Thank you.

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