The taxpayer may make a claim to reduce payments on account
after paying one or both of the payments on account. As a
consequence of processing a claim, the taxpayer’s SA record
may become overpaid.
When payments on account are reduced the late payment
interest position is reviewed. Any excess interest paid is also
included in the overpaid amount.
The overpayment remains on the taxpayer record and will be
allocated against future liabilities unless the taxpayer asks for a
repayment.
Note: Repayments are only made on receipt of a request from
the taxpayer.
If a repayment is requested the amount repaid will include
any repayment interest calculated from the relevant date. For
further information see business area ‘Repayments’ (
SAM110000 onwards).
