HMRC Tax Calculation Missing July 31st Payment for 24/25

nicktehradiovosht

I'm wondering why my Self Assessment tax calculation for ongoing tax has no July 31st payment listed for 2025. The only difference is that my business has had to transition its basis date/Acccounting period to match the tax year in the latest tax form to be submitted for 2023-2024 on January 31st 2025. Has anybody else had the normal 31st July payment demand of tax for the next year missing from their HMRC calculations?

With thanks

 

TheSpectator

What was your 23-24 liability?

Dazed_and_C0nfused

nicktehradiovosht said:

I'm wondering why my Self Assessment tax calculation for ongoing tax has no July 31st payment listed for 2025. The only difference is that my business has had to transition its basis date/Acccounting period to match the tax year in the latest tax form to be submitted for 2023-2024 on January 31st 2025. Has anybody else had the normal 31st July payment demand of tax for the next year missing from their HMRC calculations?

With thanks

 

Are you sure the 31 January POA isn't missing (not needed?) as well?

nicktehradiovosht

The 31st Jan payment is as I would expect. It is just that the July payment is totally missing in the output. They have been told, as usal, in the data, that tax year 24-25 is a normal year just with a different accounting date. Therefore, expected income etc. is expected to be roughly the same as before. As the July 25 payment is an up-front payment for the 24-25 tax year which is based on paying 50% of the past years bill up-front I cannot understand why it has not been generated.......It will actually save us some money as we can invest this money for 6 months before having to pay it in Jan 26. It is just unlike the tax man to be generous.....  

[Deleted User]

nicktehradiovosht said:

The 31st Jan payment is as I would expect. It is just that the July payment is totally missing in the output. They have been told, as usal, in the data, that tax year 24-25 is a normal year just with a different accounting date. Therefore, expected income etc. is expected to be roughly the same as before. As the July 25 payment is an up-front payment for the 24-25 tax year which is based on paying 50% of the past years bill up-front I cannot understand why it has not been generated.......It will actually save us some money as we can invest this money for 6 months before having to pay it in Jan 26. It is just unlike the tax man to be generous.....  

It is likely that the calculation states total due on 31st January 2025 including a payment on account for 2024/25. If there is a payment due on 31st January by way of payment on account there will be another due on 31st July. Are you looking at your calculation as opposed to your account? The second payment on account will not appear on the latter until around the end of June. 

Accounting date changes will not affect tax payment dates in any way. 

nicktehradiovosht

Well the issue persisted well into January 2025 but I finally submitted the self assessment data and a demand for the July payment appeared like magic having been missing for weeks at the identical stage in the process. So issue closed and no idea if anything in the data or a bug in the web code was the cause.......