Client had massive 2018/19 tax bill to pay on 31 January 2020. He can only raise sufficient funds to pay on Monday 2 March 2020.
I reckon that HMRC will charge 5% on this because 2 March 2020 seems to be a day (or two) too late. (31 January 2020 plus 30 days = 1 March 2020). Do you agree.
Is the 5% surchage triggered at midnight of the 29th day or midnight of the 30th day.
Can a payment by bank transfer reach HMRC on Saturday 29 February 2020. Client is cutting it too finely.
Do Sunday bank transfers reach HMRC on the same Sunday.
Would a time to pay arrangement get around this. If so, is this a job for the client or accountant to do the telephone call.
Have noticed recently that HMRC treating tax payments as made later than they did do years ago.