First payment on account for 2023-24

Hi Could any one answer my question please. Is the first payment on account (which is the half of the current tax bill) will be deducted from the next year’s payment/tax bill? How dose it workout?

Hi,
Tax due on 31st January 2025 comprises your balancing payment for 23/24, and your first Payment on Account for 24/25.
Your balancing payment for 23/24 is the tax owed on income earned between April 2023 and April 2024 - Pay As You Earn taxpayers pay this tax immediately, at the end of each month. Through Self Assessment, you have an additional 9 months to pay tax owed for 23/24.
Your first Payment on Account for 24/25 is a prediction of the tax you owe between  April 2024 and October 2024 - by requesting this by 31st of January 2025, you have an additional 3 months to pay this predicted amount, or amend your Payments on Account based on the amount you expect to owe for the year.
Filing you tax return as soon as the tax year is over is the easiest way to avoid confusion over what is owed, and for what period.
Thank you.

Hi
Please refer here If you overpay or underpay .Thankyou.