HMRC has announced that they will not issue an automatic penalty for the late filing of 2019-20 self-assessment tax returns, provided they are filed online by 28 February.
Please note that customers still need to pay their self-assessment tax bill by 31 January. Interest will be charged from 1 February on any outstanding liabilities. Customers can pay online, or through their bank, or by post before they file.
HMRC advises that: ‘If any customer cannot afford to pay by 31 January, 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.’
We’re here to help
If you have any queries about self-assessment filing please give me a call on 0191 567 8611 or email me at martin.johnson@torgersens.com.
The information provided in this blog is for general informational purposes only and should not be considered professional advice. As far as we are aware, the content is accurate at time of publication. Torgersens assumes no responsibility for errors or omissions in the content or for any actions taken based on the information provided.
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