Changes to VAT penalties and interest from 01 January 2023

Late payment penalties for Self Assessment waived until 1 April HMRC has announced that Self Assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April.The payment deadline for Self Assessment is 31 January and interest is charged from 1 February…

Budget 2021

Late payment penalties for Self Assessment waived until 1 April HMRC has announced that Self Assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April.The payment deadline for Self Assessment is 31 January and interest is charged from 1 February…

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Update on Government schemes in response to COVID-19

Late payment penalties for Self Assessment waived until 1 April HMRC has announced that Self Assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April.The payment deadline for Self Assessment is 31 January and interest is charged from 1 February…

Autumn Budget 2017

Late payment penalties for Self Assessment waived until 1 April HMRC has announced that Self Assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April.The payment deadline for Self Assessment is 31 January and interest is charged from 1 February…