Ali Pehlivan
Joined: 1/30/2023
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RE: Estimated Tax You Owe (This Year) in PAYE coding letter
Hi, I have done my 2021/2022 tax return and there is an estimate of the total amount of Income Tax I will pay on all your PAYE income for 2022/2023 tax year. And the system shows I have pay for it. Can I learn how you calculated this amount? The amount is clearly very high. It seems I will not have earned that much amount. One more thing, why do I need to pay half of the estimated income tax although the deadline of 2022/2023 tax return is 31 Jan 2024? I paid the income tax of the period of 2021/2022 but have not for 2022/2023 as the estimation is wrong and it is not due. Will that cause any issue? Kind Regards