Oxford: 01865 950972 

Oxford: 01865 950972 

Marlow: 01628 951283

Update on on 31 January Self Assessment Filing Deadline

Update on on 31 January Self Assessment Filing Deadline

For the first time, HMRC have announced that it will not penalise anyone who does not file their online tax return by 31 January 2021.  Instead, the £100 penalty will be applied if the return is not filed by 28 February 2021.

Any tax is still due by 31 January and interest will be charged from 1 February on amounts outstanding at that date.  Taxpayers experiencing cashflow difficulties can apply online for time to pay over a 12 month period.  But before any arrangement can be set up the 2019/20 tax return must be filed.

For assistance, do contact Jacqui Birks at jacqui.birks@theburnsidepartnership.com