Extension To Self Assessment Tax Payment Of Income Tax

HMRC have confirmed today that if you owe income tax for the period ending April 2020, you will be given more time to pay it. As long as you either have a payment plan in place with them before the 1st April or have paid the full amount due, clients will not be penalized normal 5% late payment penalty. You can agree a payment plan with HMRC by logging into your HMRC gateway account or contact the HMRC payment helpline on 0300 200 3822 to arrange a “Time To Pay”.