SAM1070 - Amend payment: claim to adjust payments on account: overpayment and repayment
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 taxpayer바카라 사이트™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.
If a repayment is requested the amount repaid will include any repayment interest calculated from the relevant date. For further information see business area 바카라 사이트˜Repayments바카라 사이트™ (SAM110000 onwards).