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Submitted self assessment return yesterday
monaymadlol
Posts: 485 Forumite
in Cutting tax
And the calculation looked massive! I made two POA on account as usual, so the total worked out for 20/21 I guess hasn't taken into account this yet in the final calculation?
How long does the system take to work out how much more I need to pay and to get the 'you need to pay' notice? My profit was around £5k more this year and I'm a lower rate payer so I expect approx £1k more in tax due.
Thank you
How long does the system take to work out how much more I need to pay and to get the 'you need to pay' notice? My profit was around £5k more this year and I'm a lower rate payer so I expect approx £1k more in tax due.
Thank you
0
Comments
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You also have the National insurance to cover.0
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It doesn’t take into account your payments on account - it simply calculated your final bill.Check out this thread which, I hope, clarifies matters. Then check your statement in a few days:
https://forums.moneysavingexpert.com/discussion/6328125/understanding-the-ins-and-outs-of-balancing-payments-on-sa-return#latest1 -
It doesn’t take into account your payments on account - it simply calculated your final bill.Check out this thread which, I hope, clarifies matters. Then check your statement in a few days:
https://forums.moneysavingexpert.com/discussion/6328125/understanding-the-ins-and-outs-of-balancing-payments-on-sa-return#latest1
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