Self-Assessment Time to Pay Arrangements
As the deadline to submit a Self-Assessment tax returns looms, nearly 44,800 people have sorted their tax bills by setting up a payment plan.
Taxpayers who are unable to pay in full can check online to see if they can set up a monthly payment plan called Time to Pay. If they owe less than £30,000, they can use the affordability checker on GOV.UK to help decide the best arrangements for them. Interest will be applied to any outstanding balances from 1 February.
You can set up a Time to Pay arrangement online through your Government Gateway account, or alternatively, you can call HMRC or speak to them via their WebChat function.
A full list of options for to pay HMRC for a Self-Assessment liability can be found here.
Internet link: HMRC Bulletin
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