HMRC have updated their guidance to confirm that all individuals in Self Assessment, not just the self-employed, will now be eligible to defer their July 2020 payments on accounts until January 2021. This will be an automatic process and no interest or late payment penalties will be charged during the deferral period. Hawsons will be writing to all affected clients in due course.
HMRC have also extended their current ‘Time to Pay’ service to all individuals and businesses who are struggling to meet their tax obligations due to the current situation. Time to Pay arrangements is considered on a case by case basis and depend on the individual circumstances. The dedicated helpline number is 0800 0159 559.
If you have any queries regarding your tax payments and would like to discuss these with us, please get in touch with your usual Hawsons contact or Jenny Brown, Senior Tax Manager at Hawsons (email – [email protected], telephone 0114 266 7141).”