HMRC TIME TO PAY ARRANGEMENTS

If you are unable to settle your self-assessment tax liability for the 2020/21 tax year in full by 31 January 2022 HMRC are once again offering time to pay arrangements.

You can make your own arrangement using your Government Gateway account as long as you meet the following conditions:

You must have filed your 2020/21 tax return
You must owe less than £30,000
It must be within 60 days of the payment deadline
You plan to pay your debt off within the next 12 months

If you are unable to make your own arrangements, you can call HMRC to discuss alternative options. Please contact a member of the tax team for advice before contacting HMRC.