Updated 25th January 2021
Today HMRC has announced that Self Assessment customers will not receive a penalty for filing theirย 2019-20 tax return late, as long as they file onlineย by 28โโ โFebruary.ย WardWilliams Creative are still encouraging customers who have not yet filed to do so by 31โโ โJanuary, if possible.
Customers still need to pay their Self Assessment tax bill by 31โโ โJanuary. Interest will be charged from 1โโ โFebruary on any outstanding liabilities. Customers can pay online, or through their bank, or by post before they file.
If any customer cannot afford to pay by 31โโ โJanuary, they may be able to set up an affordable plan and pay in monthly instalments. But they will need to file their 2019-20 tax return before setting up a time to pay arrangement.
More information is available on GOV.UK.