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Self Assessment late payment penalties waived until 1 April

Posted: 23rd Feb 2021 by Hunter Gee Holroyd Coronavirus, Taxation

Self assessment taxpayers have an additional four weeks to pay tax or set up a payment plan without being charged a 5% late payment penalty, HMRC has confirmed. In light of the impact of the coronavirus pandemic, HMRC has extended the late payment penalty deadline for self assessment (SA) taxpayers until 1 April. Normally a… Read more