Please complete this form if you believe that you have an Annual Allowance tax charge and would like to pay this using Scheme Pays.
The form will ask you a number of questions and will confirm if you have a tax charge and, if so, if you are able to settle this using Scheme Pays.
Based on the information that you have entered, you will have a tax charge, please complete this form if you would like to use Scheme Pays to settle your Annual Allowance tax charge.
Based on the information that you have entered, your tax charge is less than £2,000 and you are therefore unable to use Scheme Pays to settle the Annual Allowance tax charge. You will need to settle this with HMRC directly through your Self Assessment tax return.