Coronavirus: Support With HMRC and Tax Payments

Deferring VAT And Income Tax Payments

All Valued Added Tax (VAT) payments will automatically be deferred for 3 months. If you’re self-employed, Income Tax payments due in July 2020 under the Self-Assessment system will be deferred to January 2021.

  • This is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period.
  • Taxpayers will be given until the end of the 2020 to 2021 tax year to pay any liabilities that have accumulated during the deferral period.
  •  VAT refunds and reclaims will be paid by the government as normal. 
  • For Income Tax Self-Assessment, payments due on the 31 July 2020 will be deferred until the 31 January 2021.
  • This is an automatic offer with no applications required
  • No penalties or interest for late payment will be charged in the deferral period.

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Interest-Free Time to Pay Arrangement From HMRC

Businesses and those who are self-employed can access support and advice on their tax obligations and payments via a new dedicated COVID-19 telephone helpline. Using this helpline, businesses may be able to agree a ‘Time to Pay’ arrangement with HMRC. These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities.

HMRC will waive late payment penalties and interest where a business experiences administrative difficulties contacting HMRC or paying taxes due to COVID-19.

HMRC Business Support Helpline: 0800 024 1222 (Monday to Friday, 8am to 8pm and Saturday, 8am to 4pm)

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HMRC Website