Working out your payment due on 31 January 2000
If you have paid too little tax for 1998-1999
Amount owing for 1998-1999 (unless it is less than £1,000 and is to be collected through your tax code) |
var0 |
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plus | |||
first payment on account for 1999-2000 | var1 |
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minus | |||
a 1999-2000 repayment | var2 |
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equals | |||
Amount due on 31 January 2000 (if negative, the amount you are owed) |
var3 |
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If you have paid too much tax for 1998-1999
The amount you are owed for 1998-1999 | var4 |
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plus | |||
a 1999-2000 repayment | var5 |
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minus | |||
first payment on account for 1999-2000 | var6 |
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equals | |||
The amount you are owed (if negative, the amount due on 31 January 2000) |
var7 | ||
If you have outstanding liabilities (such as unpaid tax from earlier years, unpaid interest, unpaid surcharges or unpaid penalties), your net overpayment will be used to pay them first. Otherwise you can claim a repayment. Fill in the 'Claim tax repayment' screen in the 'Other information' section of TaxCalc. If you do not claim a repayment, your net overpayment will be set against your next tax bill. |
var8 | var9 | Page 7 of 10 |