What do I pay? Self assessment

normalpeopleworryme

Hi all,

tax return been filed and am waiting the government gateway to update.  I know I need to wait for 72 hours since I uploaded the return for things to update - but am at a bit of a loss what (if anything) to pay.

based on the calculation I owed £5669.60 in tax for the 20/21 tax year.
I paid £5649.50 in through PAYE.
So according to my "view my calculation" I owe £19.60.

However, I have paid £1381.19 on account over the last year for the 20/21 academic year.  So I don't think I owe anything - rather I am owed a refund.

So, my question is what do I pay before the deadline this evening?!

[Deleted User]

Nothing it would appear. Have a read of this thread.

https://forums.moneysavingexpert.com/discussion/6328125/understanding-the-ins-and-outs-of-balancing-payments-on-sa-return#latest

Dazed_and_C0nfused

Nothing.

Based on the information you have provided each POA for 2020:21 will be reduced to £9.80 and you will have overpaid £1,371.59.

You won't have any POA to pay for 2021:22.

That all assumes that the £1,381.19 was fully allocated to POA for 2020:21 and nothing was against other charges (interest etc).

And that you have completed the return correctly 🙂