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No first 5% surcharge if tax paid by 1st April

or Time to Pay arrangement made before then

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HMRC has just announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by 1‌‌ April. At least this now ties in with the previous guidance on Time to Pay arrangements being made "within 60 days" after the normal deadline.

Late payment interest due as normal from 1st February.

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By Paul Crowley
19th Feb 2021 15:13

Just read it myself
Still best not to say it too early

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Hallerud at Easter
By DJKL
19th Feb 2021 15:17

Damn, I have paid mine.

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