lorah187 Knight
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Ended self employment but have a payment on account?
Hi, I ended self employment in august last year. I completed my tax return at the weekend and paid my tax. I have let HMRC know that I am no longer self employed and have had confirmation of this. My understanding is that I am all up to date and that’s the end of it as I’m now taxed through my employer. I logged in today to see a message that I have a payment on account due in July. My understanding is that this is to help pay next years bill as I usually pay in April and then July. As I am no longer self employed, should this not be zero? I can pay it without issue now if that means that will be the end of it but it seems like a mistake? I have been told I can submit a claim to reduce payments but is this actually correct? The idea that I’m making a claim just feels like this will come back to bite me. I just want everything finalised. Any help would be great!