Self Assessment customers have paid £46m in tax

The HMRC’s self-serve Time to Pay was established to help customers struggling to pay their bills in full. The self-serve Time to Pay service allows Self Assessment customers to manage how they pay their tax liabilities. Customers can use the online service for tax bills worth up to £30,000 without the need to talk to HMRC. The service will create a bespoke monthly payment plan for the customer based on how much tax is owed and the length of time needed to pay.

Last year, 123,000 customers used self-serve Time to Pay to spread the cost of their 2019 to 2020 tax bill, worth £460 million.

Customers have until 31 January 2022 to complete their tax returns for the 2020-21 financial year and pay their bills. If they can’t pay in full, customers can set up their own Time to Pay arrangement online if they:

• Have filed their tax return for FY20-21
• Owe less than £30,000
• Are within 60 days of the payment deadline
• Plan to pay their debt off within the next 12 months or less

If customers owe more than £30,000, or need longer to pay, they should call the Self Assessment Payment Helpline on 0300 200 3822.