Self Assessment Taxpayers Penalty Extension
Due to the ongoing pressures of the Covid-19 Pandemic, HMRC has announced that they will not be charging the 5% late payment penalty if you either pay your tax or set up a payment plan by 1 April 2021.
What to do
Taxpayers are able to pay their tax bill or set up a monthly payment plan at GOV.UK and will need to be complete this by midnight on 1 April to prevent being charged the late payment penalty.
There is the online Time to Pay facility which allows taxpayers to spread the cost of their Self Assessment tax bill into monthly instalments until January 2022.
Who to Contact
If you are worried about paying your tax bill and unable to set up a payment plan please call HMRC for help and support on 0300 200 3822.
For further information please click here
Click here to pay your tax bill