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Posted Wed, 04 Dec 2024 12:55:45 GMT by richhand
The figures between my statement and tax calc do not correspond. Does anyone else find they are difficult to interpret? I am thinking that I would need to physically show both documents to a tax adviser
Posted Wed, 04 Dec 2024 15:52:22 GMT by richhand
To be more specific the balancing payment as shown on the Tax Calculation is not the same as the balancing payment (minus pre existing balance) as show on the Self Aessment statement.
Posted Wed, 04 Dec 2024 18:13:11 GMT by maxb
I think that is normal. In my experience, the balancing payment on the tax calculation at the end of filling in the return, takes into account the figures reported in the return itself only. I have needed to adjust it myself to take account of a pre-existing balance, when deciding how much to actually pay.

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