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COVID-19: Deferral of income tax payments due on 31 July 2020

COVID-19: Deferral of income tax payments due on 31 July 2020

April Foster

The Government have announced that the option to defer the second tax payment on account, due on 31 July 2020, is available to all self assessment tax payers.
 
No application is required, it is an automatic offer.
 
No penalties or late payment interest will be charged if you choose to defer your tax payment.
 
You will have until 31 January 2021 to pay.

For further advice, please contact your usual Moore adviser