Confused on 2010 Tax Liability

iorras

Registered User
Messages
10
Hi
I just filled in Form 11 online, I am a PAYE worker with additional liability for share options sold in 2010.
At the end it calculates two figures for me:
Total Liability, which I understand, its the extra tax I owe for 2010.
But it also calculates an amount due for ""Total Liability for 2011 Preliminary Tax Purposes". What is this?

I understand I owe tax for 2010, but as a PAYE worker how can I owe preliminary tax for 2011 on a 2010 tax return?

I have to pay the 2010 liability now, do I also have to pay the Preliminary tax for 2011?

Thanks in advance
 
ROS is working off the premise the you will have identical income for 2011 as 2010. As this is incorrect and you'll just be PAYE for 2011 there is no PT to pay. Just ignore.
 
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