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  1. Oct 29, 2023 · This amount is detailed as £5,796.66 for the tax year 2022-23 and £2,898.33 as the first payment on account for the tax year 2023-24. My concern is that the two instalments I have already paid on 31st January 2023 and 27th June 2023, totalling £4,174.95, do not seem to be reflected in the current calculation for the tax year 2022-23.

    • Check your payments on account
    • Reduce your payments on account
    • If you overpay or underpay

    1.Sign in to your online account.

    2.Select the option to view your latest Self Assessment return.

    3.Select ‘View statements’.

    You’ll then be able to see:

    •payments on account you’ve already made

    •payments you need to make towards your next tax bill

    To reduce your payments on account online

    Sign in to your online account. Select the option to view your latest Self Assessment return. Select ‘Reduce payments on account’.

    To reduce your payments on account by post

    To apply by post send form SA303 to your tax office.

    You might pay the wrong amount if your tax bill is higher or lower than you expected.

    If you overpay, HMRC will send you a refund.

  2. May 8, 2024 · Although customers do not have to pay any outstanding tax until 31 ... owing after you have paid your payments on account will be calculated once you have submitted your 2023 to 2024 tax return. ...

  3. You need to pay the tax you owe by midnight 31 January 2025. There’s usually a second payment deadline of 31 July if you make advance payments towards your bill (known as ‘ payments on account ...

  4. Mar 28, 2023 · The first Payment on Account for the 2023/24 tax year is due on 31 January 2024. This is when you are required to pay half of your tax bill for the previous tax year. The second Payment on Account will be due the following July. 5 April 2024: 2023/24 tax year ends. This date marks the end of the 2023/24 tax year.

  5. Robert will need to make payments on account for 2022/2023 (the tax year to 5 April 2023). Remember, the payments made on account are based on the previous year’s tax bill. That means that by midnight on 31 January 2023, Robert must have paid his current tax liability – £2,800 for 2021/2022 – plus half that amount, £1,400, in advance for 2022/2023.

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  7. In this article. 31 January 2024: online tax returns and first payment on account due. 6 April 2024: first day of the new 2024-25 tax year. 31 July 2024: second payment on account due. 5 October 2024: register for self-assessment. 31 October 2024: paper tax returns due. 30 December 2024: opt into PAYE. Fines for late tax returns.

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