Self Assessment Online - Reducing Payments on Account before submitting

scotland22

Hi. I've currently completing my self assessment online, however this current year i have started employment and only had 1 month of being self employed - which means my income from self employment is very small compared to the previous year of which i'm about to submit - but i cant see a way to reduce my payments on account when filling out the online form - so it is asking for the first payment on account for this year which is considerably higher than it should be.

is it possible to do this via the online form or do i have to submit it then make an adjustment to the payments on account afterwards? I cant see an option for it anywhere.

thanks in advance.

morgani

There is a box on the tax calculation pages (sa110 box 11 i think).

Im not overly familiar with the hmrc online system as i use different software but you should be able to reduce this to nil or whatever tax will be due the following year.

scotland22

It's ok i found it - you actually have to go past the view calculation page - i thought the next step was to submit it (which i didnt want to do as I thought that meant committing to the payment, but an additional hidden step after view calculation has the option to reduce payments on account. so setting the new amount in there (that you have to pre-calculate first) and adding a note for why it is reduced then allows me to proceed to submitting with the final calculation correct (bar existing payments on account that have already been made).

phew!

zygurat789

scotland22 wrote: »

It's ok i found it - you actually have to go past the view calculation page - i thought the next step was to submit it (which i didnt want to do as I thought that meant committing to the payment, but an additional hidden step after view calculation has the option to reduce payments on account. so setting the new amount in there (that you have to pre-calculate first) and adding a note for why it is reduced then allows me to proceed to submitting with the final calculation correct (bar existing payments on account that have already been made).

phew!

Nothing is fianal you can sumit the same return amended more than once.