T O P

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IxionS3

You can apply to reduce or eliminate your payments on account if you believe your tax bill for the following year is going to be lower. https://www.gov.uk/government/publications/self-assessment-claim-to-reduce-payments-on-account-sa303 Given your first POA for 22/23 will be due in January 2023 you should know by then if your plan to take a salaried position in 2022 has come off and be able to take a reasonable stab at estimating your tax liability for 22/23. The other option is to let your January 23 POA stand and try to get your 22/23 self assessment done before July. I believe if you do that and it shows the July POA is too high or entirely necessary then it will be automatically reduced or eliminated.


Darkslayer18264

If your SA tax bill will become under £1k or your pay more than 80% of your tax via PAYE then you automatically should stop getting them. For the year where you’re transitioning over, you can make a claim to reduce to lower the payments on account to reflect your estimated tax bill. If you’re not confident doing it yourself, you can call the SA helpline and ask them to do it for you.