Your Self Assessment statement tells you:
- what tax you’ve paid - including the payments on account you’ve made
- what tax is due - including any payments on account for the next tax year
- other things like penalties and interest
You’re usually sent a statement:
- after you’ve sent in your tax return
- following a change or correction to your tax return
Use HMRC’s Business Tax dashboard for an overview of tax you paid and owe.
Sending your tax return close to the deadline
You usually pay any tax that is due by 31 January. If you send your tax return too close to this deadline, you may not get your statement on time to tell you what to pay.
To make sure you pay the right amount of tax you may need to work out your balancing payment and what payments on account you need to make for the next tax year. To do this check your tax statement online or look through your tax records.
You can pay HM Revenue & Customs in different ways, including direct debit and internet banking.
Tax calculation SA302
You can print off a tax calculation SA302 when you do your online tax return. You might need a copy as proof of income, eg for a mortgage lender.