Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hi. My name is*****'m looking at your question now and will post my answer or ask for more information here in a short while.
If you make a request for a phone call I can call you.
You should be getting pop ups offering a phone call.
Yes it will.
Do you want to go ahead with a call?
In the last month I've answered several questions similar to yours. I'll take you through the tax return and tell you how to avoid a large tax underpayment in future.
Does the tax calculation shows that you are due to make payments on account?
Look at the bottom of your tax calculation?
Can you upload a copy of your tax calculation for 2017/18 to me using the paperclip tool and blanking out personal information.
Print it and then blank out personal information and scan it into your computer.
As I have calculated that your have probably paid the correct amount of tax in the current tax year, you should reduce the payments on account for 2018/19 to £0.
You only need to make payments on account of the 2018/19 tax liability if less than 80% of your overall tax liability for 2017/187 was collected through PAYE. I would say that over 80% was collected at source so the payments on account should be £0.
The interest will be payable regardless of the success or otherwise of your penalty appeal.
Make sure you pay your 2017/18 tax liability by 28 February 2019 to avoid a 5% surcharge.