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HMRC applying credit to self assessment tax return payment?

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  • soolin
    soolin Posts: 74,140 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Moved to correct board.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • You don't do anything, it has no relevance to your 2020:21 tax return/calculation.

    When your return is filed any available credit on your Self Assessment account will be used to pay the tax due for 2020:21.
    Answered earlier in the thread.
  • t8769
    t8769 Posts: 372 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Thanks Dazed and confused (I know how you feel)

    I couldn't find any indication on the HMRC website of any adjustment being made, will try to call them.


    Thanks

  • It isn't an adjustment to anything.

    If you wait a few days after your return is filed then check your online account and look at the tax due for 2020:21 you should see the available credit (assuming there was some) allocated against the tax due for 2020:21.
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