If you’ve already sent us your tax return information and we have submitted your return to HMRC, thank you! You don’t need to do anything else other than pay any amount due.
If you have recently sent us your information, or if you have not yet sent us your information, (because of Coronavirus) HMRC are now waiving late filing and late payment penalties for one month – giving you extra time, if you need it, to send your information to us so we can complete your tax return and submit it to them.
You will not receive a late filing penalty as long as your tax return is filed online by 28 February.
Interest will be charged from 1 February on any outstanding liabilities you have not paid. You will not be charged a 5% late payment penalty if you pay your tax or make a Time to Pay arrangement by 1 April.
If you can’t pay in full by 31 January because of financial difficulties, HMRC may be able to help by arranging a payment plan. Payment plans or payments in full must be in place by midnight on 1 April to avoid a late payment penalty. If you owe less than £30,000, you may be able to do this online without speaking to them. Go to GOV.UK and search 'HMRC payment plan'.
Please contact us if you need assistance.