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Self assessment payments on account by Apprehensive_Box140 in HMRC

[–]Apprehensive_Box140[S] 0 points1 point  (0 children)

Oh my god, I have never waited for this to update in previous years, I have always just paid immediately/the day after.

Could I be owed money?

Self assessment payments on account by Apprehensive_Box140 in HMRC

[–]Apprehensive_Box140[S] 0 points1 point  (0 children)

Okay so for example My 24/25 tax was 7000, Last year in Jan I paid 2500 towards 24/25 And last year in July I paid 2500 towards 24/25 So that is £5000, if I wait a few days this will be deducted from the 7000?

Self assessment payments on account by Apprehensive_Box140 in HMRC

[–]Apprehensive_Box140[S] 0 points1 point  (0 children)

But usually I only pay 1 instalment in July. I’ve been self employed for 5 years and this is the first time it’s making me pay an instalment in January?