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If I choose not to submit the (voluntary) self assessment then presumably they’ll just adjust my tax code next year rather than me not having to pay the £900 at all…?
They can definitely take £900 through changing your code, but it depends on their knowing about all the income which gives rise to the £900 liability. The only income they really know about without your filing a return is PAYE employment income.
gbj_tester
@duncs
I’ve not been asked to do a self assessment this year. Previously I had so assumed I’d just missed reminders.
Ran through it and it calculated I owe ~£900, which it’d want paying today.
If I choose not to submit the (voluntary) self assessment then presumably they’ll just adjust my tax code next year rather than me not having to pay the £900 at all…?