Tortle
Joined: 12/16/2024
-
Paid tax owed on via self assessment, but PAYE says it’s still owing
For tax year 24-25 Due to high level of income received on my savings interests and dividends I completed a SA in June. SA calculation showed I owed £1200+ tax. I paid this in June 2024 and the payment now shows on sa account. However on 8th December my PAYE account stated I owe in £700 + in underpaid tax due to my savings interest. ( the PAYE calc shows less interest than I actually received and declared on my SA and does not reflect the tax I have paid through SA) I do not owe any more tax for 24-25. Will my SA payment be applied to my PAYE account once the SA deadline ( 31.1.25) has passed? I have tried online chat but they told me to phone PAYE. I would rather not clog up phone lines if the payment will automatically be applied eventually