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SELF ASSESSMENT RETURN DEADLINE CHANGE – (Thanks for leaving it so late HMRC!)

Tuesday, 26 January 2021 08:49 Last Updated on Tuesday, 26 January 2021 08:49 Written by admin
 Self Assessment customers will not receive a penalty for their late online tax return if they file by 28 February, HM Revenue and Customs’ (HMRCs’) Chief Executive Jim Harra has announced.
Taxpayers are still obliged to pay their bill by 31 January. Interest will be charged from 1 February on any outstanding liabilities. Customers can pay online, or via their bank, or by post before they file.
Taxpayers who cannot afford to pay their tax bill on time can apply online to spread their bill over up to 12 months. But they will need to file their 2019 to 2020 tax return before setting up a time to pay arrangement, so HMRC is encouraging everyone to do this as soon as possible.
This entry was posted on Tuesday, January 26th, 2021 at 8:49 am and is filed under Homepage. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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