Self-assessment payment extension

Hourglass

The government will give Self-assessment taxpayers 12 more months to pay their taxes.

The following rules apply:

  • amounts due in January 2021 can be deferred to January 2022
  • liability must be less than £30,000
 

Taxpayers will be able to agree a payment plan using HMRC’s Time to Pay facility. Repayments will be in equal instalments over the 2021/22 tax year.

For more information please see the Government’s Winter Economy Plan

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