Understanding the in's and out's of balancing payments on SA return

JacCC241

So, I 'get' the principles of payments on account (Jan and Jul) but I can't fathom out if I have to include the previous year's POA in my online return i.e. do I need to add up what I paid on account last year and then enter it somewhere as a 'balancing payment' (if so, which section?) or does the system work it out for me? 

I vaguely remembering reading about submitting the return as is, then coming back to it in a few days and then the calculation will have been done, and that will be the amount I have to then pay? Is that right?

Thanks in advance for any responses 🙏

[Deleted User]

1) you complete your return which generates a calculation of your ‘bill’. 

2) you calculate what you have paid towards that bill by way of payments on account in January and July 2021. (Not entered on return - nothing to do with determining your ‘bill’.

(Think - I have bought a washing machine for £400 and paid a deposit of £40. The deposit does not change the fact that the washing machine cost £400 - you now owe £360)

1) minus 2) is your balancing payment.

Your statement of account will update shortly after submission.

JacCC241

purdyoaten2 said:

1) you complete your return which generates a calculation of your ‘bill’. 

2) you calculate what you have paid towards that bill by way of payments on account in January and July 2021. (Not entered on return - nothing to do with determining your ‘bill’.

(Think - I have bought a washing machine for £400 and paid a deposit of £40. The deposit does not change the fact that the washing machine cost £400 - you now owe £360)

1) minus 2) is your balancing payment.

Your statement of account will update shortly after submission.

purdyoaten2 - a really good way of thinking of it as a deposit already paid!

[Deleted User]

JacCC241 said:

purdyoaten2 said:

1) you complete your return which generates a calculation of your ‘bill’. 

2) you calculate what you have paid towards that bill by way of payments on account in January and July 2021. (Not entered on return - nothing to do with determining your ‘bill’.

(Think - I have bought a washing machine for £400 and paid a deposit of £40. The deposit does not change the fact that the washing machine cost £400 - you now owe £360)

1) minus 2) is your balancing payment.

Your statement of account will update shortly after submission.

purdyoaten2 - a really good way of thinking of it as a deposit already paid!

The number of times I have used that washing machine analogy over the years ……….