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Posted Fri, 22 Sep 2023 14:44:09 GMT by
Hello, Need a quick bit of help. Filling out my self assessment and the tax calculation is a lot higher than last years. Do I need to deduct the payments I made January and July of this year? If so, where do I do this? I think my accountant did it last year but I cannot seem to find where on the form accounts for the prepayments. Thanks for the help. 

Name removed admin .
Posted Mon, 02 Oct 2023 12:44:41 GMT by HMRC Admin 19 Response
Hi,

No, the calculation only includes tax deducted at source. Your balancing payment will update on your statement to take into account the payments already made once you submit the return.

Thank you.
Posted Tue, 23 Jan 2024 22:49:36 GMT by
Hello, I submitted my return back in October, expecting for the calculation to reduce to take into account previous balancing payments but it hasn't reduced. It should have recalculated by now?
Posted Wed, 31 Jan 2024 09:06:58 GMT by HMRC Admin 25 Response
Hi Patrick Bryan,
Once your Self Assessment is processed if you have made payments on account these will be deducted from the balance calculated.
You can check your online account to make sure this has been done.
If you need further assistance you will need to contact HMRC to review this:
Self Assessment: general enquiries
Thank you. 

 

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