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Self Assessment Confusion; Says 'No Tax to Pay'
Comments
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Dazed_and_C0nfused said:
Given you said you filed the return on 2 January. I don't know how that is possible 🤔.Eye25 said:So I may have worked this out !
On my 'Tax Year Overview' page for 23-24 there is an entry for 'adjustments' which reduces my tax due down to £0, and when i click on that it says '£-- included in tax code for year ending 5/4/26'
So it looks like they'll recover it through tax code going forward, rather than me paying now.
Even though its inconsistent with my SA summary.
But maybe don't look a gift horse in the mouth, just make sure it is in your tax code by April!
Maybe I have a new tax code on the way (?)
I will diarise to check again early April in the hope my account doesn't say 'Tax Overdue' or 'Penalty Payment' !0 -
As your code will change for 2025/26 you should receive it shortly - although everything seems to be later this year!Eye25 said:Dazed_and_C0nfused said:
Given you said you filed the return on 2 January. I don't know how that is possible 🤔.Eye25 said:So I may have worked this out !
On my 'Tax Year Overview' page for 23-24 there is an entry for 'adjustments' which reduces my tax due down to £0, and when i click on that it says '£-- included in tax code for year ending 5/4/26'
So it looks like they'll recover it through tax code going forward, rather than me paying now.
Even though its inconsistent with my SA summary.
But maybe don't look a gift horse in the mouth, just make sure it is in your tax code by April!
Maybe I have a new tax code on the way (?)
I will diarise to check again early April in the hope my account doesn't say 'Tax Overdue' or 'Penalty Payment' !0
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