HMRC has recently expanded the scope of taxpayers who can arrange a payment plan online. What are the new parameters and conditions?
HMRC has recently expanded the scope of taxpayers who can arrange a payment plan online. What are the new parameters and conditions?
Simple assessment is used by HMRC where you have unpaid tax, e.g. from your state pension, that can’t be collected via PAYE, but don’t meet the criteria for a full self-assessment. Where applicable, you receive a letter from HMRC showing a basic calculation which you can then check and contact the department if the figures are wrong.
The general payment deadline is the same as for self-assessment, i.e. 31 January following the end of the tax year (or three months from the date of the letter if issued after 31 October). However, a time-to-pay arrangement can be agreed online, i.e. without needing to call and explain the circumstances, in some cases. The parameters for amounts due under simple assessment have recently been expanded. Now, an online application can be made where:
- the tax due is between £32 and £50,000; and
- you do not have any other payment plans or debts with HMRC.
To apply, you need to access the self-service part of your personal tax account via the Government Gateway.
Related Topics
-
Submission of annual tax on enveloped dwellings ATED return
-
Last date to file tax return before incurring £10 per day penalty
-
HMRC writes to non-domiciled taxpayers following rule changes
HMRC has begun issuing “one-to-many” letters to individuals affected by recent changes to the tax rules for non-UK domiciled taxpayers. The letters prompt recipients to review their tax position under the new regime. What does this mean if you receive one?