Dolphins
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Self assessment amendment payment
I have to submit an amended self assessment tax return for 2023/2024 as i had omitted some income. My recent tax calculation showed an overpayment of tax but the amendment will show that i actually owe tax. My amendment won't be processed until April 2025 according to the HMRC website but the payment will be due by 31st January 2025. I don't want to be hit by late payment penalties, so will i be able to pay an amount estimated by me in January? Even though my account shows that i am due a refund as i have already had tax deducted at source from an annuity? Thanks