Recent content by Tyrhone

  1. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    It has its pros and cons like living in one spot. I feel lucky to have traveled so much but I am getting older and have been thinking more about the pros of living full time back in the UK, as you mention the tax benefits being one of them. I just keep getting itchy feet though!
  2. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    Thanks for the reply. As to the why, I don't do it for the tax benefits, I have been somewhat of a nomad for over a decade now. I purposely don't take on a lot of clients because I live cheaply and don't need to (my average monthly outgoings come in around £400-£1000 depending what I'm doing)...
  3. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    Any suggestions? I tried a few and might need one if I decide to become non-resident for tax purposes again next tax year. The difficult part is I don't actually tend to move anywhere, I just bounce around for a month (or 3) in various countries and have done so for the last several years...
  4. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    I'm a web designer by trade and often have to find ways around badly designed systems, but add math and tax in there and the frustration levels sky rocket! :)
  5. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    Just not having had to deal with it before. Before I left the UK about 15 years ago I worked for others, and 21/22 was the first time I have had to do my own taxes as a sole trader, so 22/23 is the first time I have seen my HMRC account with POA in the system. So basically because I just haven't...
  6. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    Great thank you, I submitted my return and will now keep an eye on things. No it really does not seem like the online system is very refined yet, when looking into what to do if I became an expat it gets even more difficult and seems to become a hybrid of online and snail mail! I know they are...
  7. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    Ah ok thanks, so the currently requested second POA should disappear or be reduced automatically once my now submitted £1000 tax bill is processed, is that correct?
  8. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    Thanks Pi Daybooks for the response. Ok so I'll submit my taxes first in the next couple days, and then how do I know how much if anything can be requested back? Will the second POA payment automatically be recalculated by HMRC or is this something I need to try and work out myself and then make...
  9. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    To be fair I think because of my previous non-resident status, and I was going to become non-resident again this year and was trying to work out how to setup my taxes as an expat. That has now changed, so maybe I should try finding an accountant to help. Any recommendations for a (very) small...
  10. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    Hi DWS and thanks for the response. "pay the tax you owe minus the first POA", do you mean minus the first POA I already paid for 21/22 taxes? Is this something automated? For 22/23 it is showing no new POA will be required. If I submit will the second POA be reduced automatically?
  11. Tyrhone

    Reduce Payments on account before submitting for next tax year?

    Hi all, crux of the question, should/can I reduce my Payments on account from 2021-2022 tax year through the online tax system (sole trader), to match my lower tax bill for 2022-2023? I have worked out my taxes but not submitted them yet and so I know my taxes are lower this year. The details...
  12. Tyrhone

    Sole Trader outside UK full time but not resident elsewhere taxes?

    I am pretty small fry, keep a small client base and only turn over around £16k - £18k a year, intentionally so I can keep a good work/travel balance. With regards to working and being resident for tax purposes on short stays in other countries (1-3 months max), I don't actually work for anyone...
  13. Tyrhone

    Sole Trader outside UK full time but not resident elsewhere taxes?

    Thanks mate, I have had a read through that (before and again), there are parts I can figure out, and some which stump me, or at least befuddle me, and I don't want to get on the wrong side of HMRC. I think I would qualify for split year, I am leaving tomorrow and won't be back for more than 16...
  14. Tyrhone

    Sole Trader outside UK full time but not resident elsewhere taxes?

    Thanks again! I will not be living anywhere more than 3 months so won't be resident anywhere else. It looks (from the link you sent) like I will have to do my taxes by post for UK derived income, even though they will almost certainly come in under the tax free threshold. Another question if I...
  15. Tyrhone

    Sole Trader outside UK full time but not resident elsewhere taxes?

    Thanks mate, I have seen that before and to be fair it does spell out that I would likely be non-resident under the "less than 16 days in a tax year" non-resident clause. Any idea how income derived from the UK might need to be treated though?
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