Sole trader - payments on account

[Newbienoclue]

I work part time running my small business as a sole trader.

Last year I earned £15031 (2022-2023 tax year) income before tax. I paid £961 tax and NI. I didn’t have an option for payment on account. Is this correct? Or should I have paid on account ready for this tax year (2023-2024)?

Out of my £961 tax and NI payment , I paid £493 income tax and £468 NI contribution. Does this seem right?

I am about to complete my 2023-2024 self assessment and my earning were around £14,000 for that year as I had more time off due to personal circumstances. Am I likely to pay payment on account for next year?

Also, is there any government help I can claim to boost my income? I have £17k in savings if that makes a difference.

Any help appreciated.

 

[DWS]

No payments on account needed if your total liability without Class 2 N/I is less than £1k

 

[Newbienoclue]

I paid voluntary class2 NI for my pension included in the £961 tax bill. Does it make a difference if I pay class 2 NI ?

 

[DWS]

I paid voluntary class2 NI for my pension included in the £961 tax bill. Does it make a difference if I pay class 2 NI ?

Your liability is under £1k so Class 2 makes no difference