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Reducing payments on account.
kipperman
Posts: 262 Forumite
in Cutting tax
I'd be grateful for advice on this.
I've made personal pension contributions in this tax year that should reduce my overall tax bill by about £2000, and I'd like to reduce my payments on account.
However, the options available on the SA website don't seem to fit this particular purpose ( as below, taken from the website)
Step 2 - Please state reason
Reason for reduce payment: *
Can anyone advise me on the correct option, or do I have to ring HMRC? Thanks
I've made personal pension contributions in this tax year that should reduce my overall tax bill by about £2000, and I'd like to reduce my payments on account.
However, the options available on the SA website don't seem to fit this particular purpose ( as below, taken from the website)
Step 2 - Please state reason
Reason for reduce payment: *
- Please select an option below
- My business profits are down/my business has ceased.
- Other income has gone down.
- Tax allowances and reliefs have gone up.
- Tax deducted at source is more than previous year.
Can anyone advise me on the correct option, or do I have to ring HMRC? Thanks
0
Comments
-
I would assume 'Tax allowances and reliefs have gone up', but I'm not totally sure.
Does the '?' help icon give any more information.0 -
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