Time to pay guidance has been updated by HMRC with details on how taxpayers can set up a payment plan online.

HMRC have updated their ‘How to contact HMRC to discuss a time to pay arrangement’ section on their website. New information includes how it may be possible to set up a payment plan online, for a self-assessment tax bill, without contacting HMRC.

A payment plan, for a self-assessment bill, can be set up to spread the cost if the following criteria are met:

  • £30,000 or less is owed by the taxpayer
  • There are no other payment plans or debts with HMRC
  • All tax returns are up to date
  • It is less than 60 days after the payment deadline

For further information visit the government website.

Share

Share on facebook
Share on twitter
Share on linkedin
Emily Dodds

Emily Dodds

Marketing and Business Development Officer

More Posts