Bigman2023
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RE: Payment on Account not reflected
Hello, I paid 2nd payment on account in Feb 2024, it was described as not yet used and not, unlike first payment on account, as 2nd payment on account. After 6 April 2024 and thinking maybe I paid it too early I received the money as a repayment on 10 April. I immediately sent it back as I still needed to pay 2nd payment on account. Today it shows as being received in payments/credits but still described as not yet used. Why isn't it described as 2nd payment on account? Do I need to do something else, or is it correctly described and on after 31 July 2024 it will be allocated appropriately? Thanks -
payment on account credits
Hello, I have credited £1100 as payment on account for 2022-23 tax year, half before 31/1/24 and and half before 31/7/24. I have returned my 2023/24 self assessment tax return today (I am not self employed). I note on my HMRC app that it states I am in credit by £550, ie, only half of the payment on account. I also note the first payment on account is described as such, ie, first payment on account, yet second payment is described as 'not used yet'. Should I be worried that the second payment has been mis-described or is this normal? In a couple of days I will find out if the £1100 has been deducted from 2023-24 tax demand, if it hasn't what should I do? Thanks -
RE: allocation description for second payment on account
Many thanks for your reply. I note the following, as I stated in my original post, the 2nd POA does not attract the same (albeit 2nd) allocated description as does the first POA, and your reply, unfortunately, does not answer this question. However, as much as online HMRC account gives no indication regarding 2nd POA allocated description let alone no numerical balance, ie, £0.00, HMRC app does state balance as £0.00 which is of course correct and does state basically what you said regarding 31 July. Just simply giving 2nd POA its proper allocated description would make this part of life less stressful -
allocation description for second payment on account
Hello, paid my second payment on account on 9 February, it cleared today showing in my HMRC account payments list. However, unlike first payment on account whose allocation description shows as 'first payment on account', the second does not, in fact no allocation description just as an overpayment. My concern is, even though the total balance for payments on account is met before 31 July, as the second payment has not been allocated correct description will the algorithm still be looking for the second payment after 31 July and start demanding more payments and late fees? -
on demand tax payments
Hello, due to pay on demand payments by end of January and July 2024 for the first time, no problems. When I pay the larger January payment is that in one lump sum and the system separates the total into what was due for 2022/23 and on demand for 2023/24 and shows as much in my account, or can it be paid in the two separate amounts and the system will apply to the relevant sections? In addition, can you show image of how such payments will be presented in account? thanks