Self assessment
Discussion
Just looking at my Self Assessment account and it's saying i've overpaid by £700 which i can request to be returned.
However when i dig deeper into the calculation summary for 21-22m i've paid the correct amount for that year plus i've paid the correct amount due on account for year 22-23 too!
Furthermore, i'm also due to pay the second payment on account for 22-23 by end of August
So which bit is correct? Shall i pay the second payment on account? Or request the refund of the overpayment?
However when i dig deeper into the calculation summary for 21-22m i've paid the correct amount for that year plus i've paid the correct amount due on account for year 22-23 too!
Furthermore, i'm also due to pay the second payment on account for 22-23 by end of August
So which bit is correct? Shall i pay the second payment on account? Or request the refund of the overpayment?
martt said:
Just looking at my Self Assessment account and it's saying i've overpaid by £700 which i can request to be returned.
However when i dig deeper into the calculation summary for 21-22m i've paid the correct amount for that year plus i've paid the correct amount due on account for year 22-23 too!
Furthermore, i'm also due to pay the second payment on account for 22-23 by end of August
So which bit is correct? Shall i pay the second payment on account? Or request the refund of the overpayment?
They changed the format recently and its a massive backward step and quite confusing now.However when i dig deeper into the calculation summary for 21-22m i've paid the correct amount for that year plus i've paid the correct amount due on account for year 22-23 too!
Furthermore, i'm also due to pay the second payment on account for 22-23 by end of August
So which bit is correct? Shall i pay the second payment on account? Or request the refund of the overpayment?
Before you could easily see what you had paid and what is additional to the payment on account. Now if you have paid more than is immediately due it shows as an overpayment, even if it is due for an imminent payment on account.
I find I have to keep track myself now rather than rely on the self assessment online account. Its a shame as it was fine before.
trickywoo said:
They changed the format recently and its a massive backward step and quite confusing now.
Before you could easily see what you had paid and what is additional to the payment on account. Now if you have paid more than is immediately due it shows as an overpayment, even if it is due for an imminent payment on account.
I find I have to keep track myself now rather than rely on the self assessment online account. Its a shame as it was fine before.
Thanks, in that case it's probably wise for me to pay the second payment on account anyway - i think they pay interest on credit balances, well they used to (i think!!)Before you could easily see what you had paid and what is additional to the payment on account. Now if you have paid more than is immediately due it shows as an overpayment, even if it is due for an imminent payment on account.
I find I have to keep track myself now rather than rely on the self assessment online account. Its a shame as it was fine before.
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