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Self Assessment - "Time To Pay"

Self Assessment - "Time To Pay"

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With the latest COVID support for the "Time To Pay" arrangement, am i right in thinking clients can only do this through their own GG? and we're unable to do this through our agent GG?

Thanks

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RLI
By lionofludesch
06th Oct 2020 10:30

I don't get involved in this anyway.

And I think the need to set up a direct debit, if I've read the rules right, mean that the ball should be very much in the taxpayer's court.

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Replying to lionofludesch:
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By Plok89
06th Oct 2020 10:34

Correct, a direct debit is required. You're probably right, just know we will have calls about this.

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Replying to Plok89:
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By lesley.barnes
06th Oct 2020 10:41

The client has to set it up through their own GG. I've no idea what it looks like because we don't have access to it as agents. They need to use the time to pay service on the government website. We had a notice about it the other day from HMRC. There are some requirements before they qualify for time to pay.

Thanks (1)
By Duggimon
06th Oct 2020 10:41

I have a strict rule of just passing on the HMRC contact details and a rough idea of what I think the client might be able to achieve, I never get involved in setting up the arrangements.

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Replying to Duggimon:
RLI
By lionofludesch
06th Oct 2020 11:00

Yes, but it's not just a phone number now. Our less tech-savvy clients will have challenges.

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By CazzyT
06th Oct 2020 11:41

The info provided by Jim Harra

Dear customer,
As announced by the Chancellor last week, Self Assessment customers can now apply online to spread the cost of their tax bill into monthly payments without the need to call us.

The online self-serve 'Time to Pay' service, has been increased to £30,000 for Self Assessment customers, to help ease any potential financial burden they may be experiencing due to the coronavirus pandemic.
Once you've completed your tax return for the 2019-20 tax year, you can use the online self-serve 'Time to Pay' service through GOV.UK to set up a direct debit and pay any tax that is owed in monthly instalments, up to a 12-month period.
If you wish to set up your own self-serve 'Time to Pay', you must meet the following requirements:
• no outstanding tax returns
• no other tax debts
• no other HMRC payments set up
• your Self Assessment tax bill is between £32 and £30,000
• it is no more than 60 days since the tax was due for payment.
If you do not meet these requirements, you might still qualify for Time to Pay, but you will need to call us to set this up.
If you set up a 'Time to Pay' arrangement, you will have to pay interest on the tax paid late. Interest will be applied to any outstanding balance from 1 February 2021.
Yours sincerely

Jim Harra
Chief Executive and Permanent Secretary – HMRC

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By [email protected]
29th Oct 2020 10:05

Has anyone had any experience of what apply for time to pay entails under this new system? I just want to be able to provide the client with a guide as to the information that will be needed.

I know that the normal system can ask for their inside leg measurement, but I am hoping that under the circumstances the new system is going to be less onerous

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By SteveHa
29th Oct 2020 12:20

Only on very rare occasions do I get involved with TTP, and even when I do it is just to lay the ground work in advance of the client calling HMRC.

IMO it is, and always has been the client's responsibility to do this, and in particluar, how are we supposed to answer questions regarding a client's household income and expenses?

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