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Posted Wed, 21 Aug 2024 18:15:54 GMT by Overture321
I've just submitted my SA and realised my payments on account for next year will be too much as I expect to take a smaller dividend from my company. I've calculated my expected figures but I'm not an accountant. If I submit the form, will HMRC contact me and validate my calculations? I'm concerned if I underpay and get charged interest... Many thanks
Posted Tue, 03 Sep 2024 09:47:17 GMT by HMRC Admin 18 Response
Hi,

You are able to amend a tax return after you have filed it - you can find out more information on how to do this here:

Self Assessment tax returns

Thank you.

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