HMRC have announced that Self Assessment customers will not receive a penalty for their late online tax return if the return is filed by 28 February 2021.
- Taxpayers are still obliged to pay their bill by 31 January 2021 and if they are unsure of the amount, then make the best estimate they can.
- Interest will be charged from 1 February 2021 on any outstanding liabilities.
You can pay online, via bank or by post before filing. Click here for more information on how to pay.
- Taxpayers who cannot afford to pay their tax bill on time can apply online to spread their bill over up to 12 months.
- A 2019-2020 tax return must be filed before setting up a time to pay arrangement directly with HMRC.
To set up a payment plan click here