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Another Self assessment query, do i have nothing to pay for my self assessment?
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No problem- nothing to pay until January 2023pete1975 said:
thankyou so much for walking through this for my simple brain. Really appreciate you taking the time out to help. No idea i or why i paid what i did but i have been putting money aside each month and now have a little in the account ahead of the following tax year which great.[Deleted User] said:OK - I was correct in my previous post. From that post you were required to pay £3557.40 for 2019/20 plus half that for 2020/21. That totals £5336.10. For some reason you paid £5451.30 - £115.20 too much. HMRC added £1.15 interest and repaid you £116.35 on 15th April 2021.
Your bill for 2020/21 becomes £1424.60 and the £1778.70 paid in January 2021more than covers this so nothing to pay. In fact it is £354.10 too much and HMRC issued a repayment to you for exactly this amount on 25th June 2021.So you are clear - it was all sorted in June 2021. Relax!1
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