Do I have to pay HMRC?

Income Tax payments due in July 2020 under the Self Assessment system will be deferred to January 2021.

Income Tax Self Assessment payments due on the 31 July 2020 will be deferred until the 31 January 2021. This is an automatic offer with no applications required. No penalties or interest for late payment will be charged in the deferral period.

Deferring Valued Added Tax (VAT) payments for 3 months. 

The deferral will apply from today until the end of June. This is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period. Taxpayers will be given until the end of the 2020-21 tax year (i.e. by 31st March 2021) to pay any liabilities that have accumulated during the deferral period. VAT refunds and reclaims will be paid by the government as normal.

PAYE employer payments

To claim a deferral of PAYE tax and NI contact HMRC on 08000 241222

HMRC Time to Pay

HMRC have also scaled up their Time to Pay offer to all firms and individuals who are in temporary financial distress as a result of Covid-19 and have outstanding tax liabilities. You can contact HMRC’s dedicated Covid-19 helpline to get practical help and advice. This can be reached by calling 0800 0159 559

Return to homepage