Government extends date on which late payment surcharges apply to 2019/20 tax returns

The Government has provided more help to Self Assessment taxpayers by extending the date from which the 5% surcharge applies for late paid tax in respect of 2019/20 tax returns.

HMRC has announced that Self Assessment taxpayers will not be charged the 5% late payment penalty for unpaid tax due from 2019/20 returns if they pay this or set up a payment plan by 1 April 2021.

The filing deadline for Self Assessment was extended from 31 January to 28 February, however interest is still charged from 1 February on any amounts outstanding. A 5% late payment penalty would have become payable on any unpaid tax still outstanding on 3 March, but this has been extended to midnight on 1 April

Individuals with outstanding tax liabilities can either pay by 1 April 2021 or set up a payment plan online by that date to avoid the 5% surcharge. The online Time to Pay facility allows taxpayers to spread the cost of their Self Assessment tax bill into monthly instalments until January 2022.

HMRC encourages anyone worried about paying their tax and unable to set up a payment plan online to contact their help and support team on 0300 200 3822.

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