MORE TIME TO PAY TAX DUE ON 31 JANUARY 2021Nov 04 2020
Taxpayers who may have difficulty paying the tax due under self-assessment on 31 January 2021 can agree more time to pay with HMRC provided the amount outstanding is no more than £30,000.
The government has already agreed that amounts due under self-assessment on 31 July 2020 could be deferred until 31 January 2021, but this latest announcement generally allows a further 12 months to pay.
You can either set up a payment plan online by logging into your HMRC online personal tax account or call the HMRC Payment Support Service. If you require further support, get in touch and a member of the MMGA team will be happy to help.