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If you have an end-of-year bill it will be for income tax, Working for Families Tax Credits or your student loan. There are a few common reasons why you might have a bill to pay.
If you only earned salary or wages or are on a benefit, you might have an income tax bill to pay if:
Using the right tax code helps your employer know how much tax to deduct from your pay.
Any changes to your income during the year can cause too much or too little tax to be deducted. This means you could have either a refund or more tax to pay. This could happen if you:
If you're self-employed or earn business income your bill will be income tax you still have left to pay. You could have a bill if you didn't pay:
If you didn't meet your student loan repayment obligations you might have a bill if you:
You might have a bill if you received more Working for Families Tax Credits than you should have. This can happen if the information we base your payments on during the year is wrong, for example: