Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Tue, 30 Jul 2024 17:29:49 GMT by vstyles
Hi, I completed and filed my 2023-24 tax return yesterday and I don’t owe any tax. If my balance doesn’t update before midnight tomorrow cancelling off the payment on account it says I owe, can I just not pay it (because I already know I don’t owe it) or will I be charged a penalty for not making a payment on account I would be refunded anyway?
Posted Mon, 05 Aug 2024 08:53:56 GMT by HMRC Admin 32 Response
Hi,
If the balance you owe is 0.00 AFTER both calculated Payments on Account have been deducted, then you would still need to pay the 2nd Payment on Account.
If your 2023 to 2024 calculation itself shows 0.00, then you would not need to pay the 2nd Payment on Account, but please contact our Self Assessment team if your account still shows this 2nd Payment on Account due after you filed your return, this should have automatically updated, so you may not have fully submitted your return. 
Self Assessment: general enquiries
Thank you.

You must be signed in to post in this forum.