Time to pay deadline 1st April 2021
HMRC has announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by 1 April 2021.
The payment deadline for Self Assessment was 31 January 2021 and interest will be charged from 1 February 2021 on any amounts outstanding. The deadline did not change, but this year, because of the impact of COVID 19, HMRC is giving taxpayers more time to pay or set up a payment plan.
Payment plans or payments in full must be in place by midnight on 1 April 2021 to avoid a late payment penalty.
HMRC recognises the pressure affecting customers due to the pandemic, and anyone worried about paying their tax should contact HMRC for help and support on 0300 200 3822.
The self-serve Time to Pay facility allows customers to spread the cost of their tax liabilities into monthly instalments until January 2022. Customers can set up a payment plan online, on GOV.UK.
