Self Assessment submitted

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on 31/01/22 (Last year) I corrected  the 19/20  return and it gave me a lower figure as I had overestimated. I don't know if I got that £50ish back to credit or not as I don't know how to check,  and in the File Return it talks about that you have to request a credit for a previous overpaid tax year.  I would have thought the balance would automatically update? 
I then submitted my 20/21 return with provisional figures.  and it said (the same picture as below) but last year's said "Please pay £510 by 31/01/22" so I paid it in full straight away.

31/01/23 today I logged in for the first time in a year.  It says I am in credit £155.69 
as usual, I amended and finalised 20/21  and it changed the tax due to £456  so they owe me approx £54
I then did my provisional 21/22 return overestimating as usual and it gave me this screengrab.

I am here because I don't know what it means or what they want and if there is a penalty for not paying tonight? 
The only penalties the site warns about in the process is a penalty if you do not file a 21/22 return by midnight tonight.
But this page says it has to be paid in full tonight.  But it mentions no penalty for not paying by tonight?
why does it say:
"first payment on account £0.00" 
and
"second payment on account will be due by July 2023 £0.00" ? 






What do they want me to do? 
If I only pay £300 tonight and I pay the rest before July 2023 after amending 21/22 with the correct figures what would happen? A penalty for late payment because I did not pay it all tonight?

What would happen if my subsequent corrected figures for 21/22  made it so that I owed more than £606.40? A penalty for late payment because I only paid £606.40?

Do I have to specifically request a refund of the overpaid tax for 19/20 and 20/21 or has it (19/20) and will it (20/21) be credited to my balance? 

Many Thanks

If I had been better organised and did all this in August 2022  would it have said £606.40 due by 31/01/2023 ?  and if I waited a few days would it have changed to take into account the balance credit I had and the £54 refund taking the credit to approx £209    and would it then say I only owe £606 - £209 = £397 ??

Dazed_and_C0nfused

You are massively overcomplicating things.

The screenshot you have shown is your tax calculation for 2021:22, others tax years have no relevance to that.

You owe £606.40 for 2021:22.

Your Self Assessment account is in credit by £155.69.

That will be increased by £54 once your amendment to the 2020:21 return is processed onto your account.

You will be due a small amount of interest from HMRC as well.

Net result is you will have to pay ~£397

If you submitted your return (and the amendment) a few days earlier and checked your account once they'd been processed all would be clear.

You seem to be making life hard for yourself by leaving everything so last minute.  Especially an amendment to a return for 2020:21!

[Deleted User]

There is no penalty for late payment of tax on 31st January - a myth! Interest is added at 6% per annum and a 5% surcharge on any amount outstanding for 2021/22 which is not paid by 28th February 2023. 

I have to say that I am somewhat perturbed in the way that you approach the filing of your returns  by, effectively, submitting final figures one year late. I do hope that you state at the end of the return that provisional figures have been entered , as required. You seem to genuinely believe that you are only required to submit provisional figures by the filing deadline!

This is not how self-assessment is supposed to work and I am genuinely surprised that HMRC has not contacted you regarding this. They will, eventually. At some point you will receive penalties if additional tax is repeatedly owed as a result of your late notifications. 

You could not be drawing more attention to your returns if you tried, with the repeated late amendments. Why are you not in a position to file the 2021/22 figures now, ten months after the end of the tax year?

Dazed_and_C0nfused

What would happen if my subsequent corrected figures for 21/22 made it so that I owed more than £606.40? A penalty for late payment because I only paid £606.40?

Interest would be charged.  I think a penalty is only imposed if you don't pay any increase within 30 days.

[Deleted User]

There is a box at the end where one must state if provisional figures have been used. Note the instructions where you must indicate WHY provisional figures are used and WHEN final figures can be expected. 

Box 20: If this tax return contains provisional figures

Only put X in this box if you have used provisional figures and you intend to send final figures as soon as you can. You must tell us in Any other information on page TR 7 why you have used provisional amounts and when you expect to give us your final figures.

HMRC internal manual is of note:

https://www.gov.uk/hmrc-internal-manuals/self-assessment-manual/sam121190

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The online file return has a different format it just asks if you have used provisional figures... and I always say yes, then it asks why and I tell them because this is foreign income and the foreign income statement is not available to me until much later in the following year.    

When I make the amendments, I then say no to provisional figures.

I did want to do this one in summer 22 but it never happened. Hopefully this year I will get it done in the summer when I have the income statement.  

HMRC told me to do it this way with provisional figures,  they did not tell me to keep leaving till the last minute, I have to improve on that.

I paid it in full £606.40   anyway just to be sure.