Payments Already Made On Account

Dazed_and_confused

Somewhere there should be access to a current/today's date statement which should show the figures you have outlined and any payments allocated to the tax charges.

[Deleted User]

This is the tax calculation page of a client of mine. Note the sentence starting ‘It doesn’t include.....’ It even tells one what to do next.

Total amount due for 2018-19 £1,075.00
Plus
First payment on account for 2019-20 £0.00
Total to be added to Self Assessment account due by 31 January 2020
HM Revenue and Customs will add this amount to your Self Assessment statement of account. It doesn't include any 2018 to 2019 payments on account you may have made or any other amounts outstanding. To help you to decide how much, if anything, to pay by the due date, check your Self Assessment account and use the information above until it transfers over.

pennypincher3562

Hi. I have been directed to this thread by PurdeyOaten (thanks.)

Ok, I understand now that the following figure has NOT deducted any payments on account for 2018/2019:

Total to be added to Self Assessment account due by 31 January 2020: £xxxx.xx

However, I am still confused over what do I do next. I don't understand some of the jargon in the following instruction:

'To help you to decide how much, if anything, to pay by the due date, check your Self Assessment account and use the information above until it transfers over.'

At this stage, do I simply hit 'submit' on my completed tax return, and then the next step will become apparent? I don't know know what they mean 'use the above information until transfers over.'

Thanks in advance.

Dazed_and_confused

You are mixng two things up.

Firstly there is your tax liability/calculation for 2018:19. If you are happy you have completed the return correctly and the SA302 calculation i.e. the amount due for 2018:19 ignoring any payments you have made is correct then you should file the return now.

At the weekend check your Self Assessment account. That should then be updated to show your liability for 2018:19 and, if necessary, any POA due for 2019:20. And most importantly any payments you have made.

MX5huggy

I think you may just not be clicking in the right place (I wasn’t till I searched this thread and had another look).

I’ve got 3 boxes across the screen PAYE, Self Assessment and National Insurance under each is listed some options ignore those just click on the word Self Assessment and as if by magic I have 9 days to pay an arm and half a leg.

pennypincher3562

Dazed_and_confused wrote: »

You are mixng two things up.


At the weekend check your Self Assessment account. That should then be updated to show your liability for 2018:19 and, if necessary, any POA due for 2019:20. And most importantly any payments you have made.

Thanks, I have submitted my return which does not take into account any POA's.

Where exactly will I see the updated liability in my self assessment account, will these details be on the home screen straight after login?

[EDIT] I am guesing that the updated figure will appear where MX5huggy suggests?

Thanks.

polymaff

Axel, what you are waiting for is your SA300 Statement of Account. It is THE reference document for what you owe and when you should pay it.

HMRC seem to be generating them a bit late this year.

A good reason for filing earlier than 9th January.

pennypincher3562

polymaff wrote: »

Axel, what you are waiting for is your SA300 Statement of Account. It is THE reference document for what you owe and when you should pay it.

HMRC seem to be generating them a bit late this year.

A good reason for filing earlier than 9th January.

I take it that this SA300 is generated online, and is not a paper document?

What happens if HMRC don't generate the above by the 31st?

Can I just go ahead and manually subtract any POA's myself, and then proceed to pay them on the 31st?

Thanks.

polymaff

pennypincher3562 wrote: »

I take it that this SA300 is generated online, and is not a paper document?

What happens if HMRC don't generate the above by the 31st?

Can I just go ahead and manually subtract any POA's myself, and then proceed to pay them on the 31st?

I filed in early December and received, by post, an SA300 last Thursday. Ditto Mrs. P.

EDIT: Just checked and it is online, too.

If you've neither by, say, 29th Jan, you'll need to work it out yourself. Whatever, whatever you owe, you pay. I'm regularly in PoA - in fact my SA300 shows that PoAs for 2018/19 more than covered my liability for 2018/19 - but there is a (justified) 2019/20 PoA required - so pay I must...:)


EDIT2: On your Personal Tax Account, click Self-Assessment and (maybe!) you'll see "Your Balance" which, in my case, states the same sum as due 31/1/2020 as my SA300 does.

pennypincher3562

@PolyMaff. Thanks. The figures have finally updated in my online account.