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Self assessment charge too high
guybaron
Posts: 1 Newbie
in Cutting tax
Hello, I'm looking for help on why my self assessment bill is so high. I can't get through to HMRC on the phone. I completed a self assessment only because I have received Child Benefit for 2021-22 and need to pay it all back because my salary is above the threshold. I am PAYE and have no other income. I stopped Child Benefit payments in April 2022 so have received no payments since then and my tax account is showing that I owe nothing. I thought that I would have to pay back only the Child Benefit for 2021-22 (approx £1700) but it says the following:
Total amount due for 2021-22 - £3437.60
Plus
First payment on account for 2022-23 - £1718.80
Total to be added to Self Assessment account due by 31 January 2023 - £5156.40!
How is this possible?
Thanks for any help.
Total amount due for 2021-22 - £3437.60
Plus
First payment on account for 2022-23 - £1718.80
Total to be added to Self Assessment account due by 31 January 2023 - £5156.40!
How is this possible?
Thanks for any help.
0
Comments
-
Your full calculation should explain why. It could be you've paid less tax during the year, had some benefits not taxed on your payslips, or your salary is over £100k and you've hit the taper...
There's a bunch of things that it could be - but your SA302 calculation should explain exactly why0 -
Not enough information to hazard a guess. Did you copy the pay and tax details from the P60? What is the tax code on the P60? Any expenses claimed and not entered?0
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