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  3. My personal income has dropped – do I have to make payments on account based on last year’s higher income?
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  3. My personal income has dropped – do I have to make payments on account based on last year’s higher income?

My personal income has dropped – do I have to make payments on account based on last year’s higher income?

You can apply to reduce your payments on account. You can do this at any time using form 303 either online or in paper form up to when the balancing payment is due. You can also make the claim on the previous year’s tax return giving details of the circumstances in the additional information box at the end of the form.

Updated on 27th July 2020

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