Viewing your calculations


This is one of a series of videos about online
Self Assessment. When you use HMRC’s online tax return, it
automatically works out how much you need to pay. You fill in your figures and once you have
checked that everything is correct, view your calculation. You will then see this screen. This shows the amount you’re due to pay
for 2017-18. This includes Class 4 and Class 2 National Insurance, if any are due. If you’re due to pay £1,000 or more, you
also make a ‘payment on account’. A ‘payment on account’ is half of your
previous year’s tax and class 4 National Insurance bill. For 2017-18, your payment is due by 31 January
2019. You’ll make a second ‘payment on account’
in July 2019. But don’t worry, these payments on account
will be deducted from the amount you’re due to pay for the 2018-19 tax year on your
Self Assessment statement when you complete the tax return next year. If you’d like to see how the figures have
been worked out in more detail, select ‘View and print your full calculation’ You can then see exactly how your tax bill
has been worked out. It shows your:
• Income • Personal allowance • Tax due • Class 4 National Insurance
• Class 2 National Insurance • Payments due on 31 January 2019
These estimated payments don’t include any payments you may have already made. You can print a copy of this for your own
records. You’ll find more help and support on GOV.UK. Webinars and other videos about Self Assessment
are available from HMRC. Thanks for watching.

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