Daniel Burns

Hi there, I’m wondering if anyone could help me answer these Self Assessment questions accurately: 1 of 2. Underpaid tax included in PAYE coding Amount of underpaid tax for earlier years included in your tax code for 6 April 2022 to 5 April 2023 (from your PAYE Notice of Coding) £0.00 Is this figure correct? 2 of 2. Underpaid tax included in PAYE coding Our records show that your 2022 to 2023 PAYE Notice of Coding includes an adjustment for tax underpaid Amount of estimated underpaid tax for 6 April 22 – 5 April 23 to be in your PAYE tax code for 6 April 23 – 5 April 24 (From your PAYE Notice of Coding) £0.00 Is this figure correct? The information I have to answer these questions is as follows: • I submitted a return in September 2022 for the year 21/22 as I was subject to the HICBC due to exceeding the allowance – which was subsequently agreed to be collected through my tax code. • My most recent coding notice for 6 April 23 – 5 April 24 contains the agreed adjustment to my tax-free amount: ‘Less Adjustment for tax you owe (earlier year)’ followed by a value, and, Go to note 3. • Note 3 reads: We previously told you that you owe ‘amount A’ tax from an earlier year. We have therefore included an adjustment to reduce your tax-free allowance by ‘amount B’ so we can collect the ‘amount A’ tax in equal instalments. To make sure you pay the ‘amount A’ by 5 April 2024, we will increase the amount of tax deducted from your wage, salary or pension. Thank you in advance!