The Self Assessment deadline is on 31 January 2021. Customers can complete their tax returns online ahead of the deadline at a time that suits them.
Once Self Assessment customers have completed their 2019 to 2020 tax return, and know how much tax is owed, they can set up their own payment plan to help spread the cost of their tax liabilities, up to the value of £30,000. They can use the self-serve Time to Pay facility to set up monthly direct debits online. Interest will be applied to any outstanding balance from 1 February 2021.
To find out if they are eligible, customers can visit GOV.UK to find out more about the service
For further information please visit the GOV.UK
website, which includes information on deferring your Self Assessment due to COVID-19.
Posted on: Wednesday 13th January 2021