HMRC waives late payment penalties for Self Assessment
10 January 2022
10 January 2022
On 6 January 2022 HMRC announced that they will not be charging;
HMRC say that they have implemented the changes in order to;
“Give customers and their representatives additional time if they need it and will operate in the same way as the equivalent waivers last year.”
However, HMRC is encouraging customers to file and pay on time if they can.
In the announcement, HMRC clarified that there will be no change to the filing or payment deadline and other obligations are not affected. This means that:
Aspire Comment:
The announcement will come as welcome news to many who require extra time to file their returns. That said, it is important that all taxpayers are aware of their obligations to HMRC and comply with all deadlines in order to ensure that they do not become liable to pay penalties.
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