Self Assessment Tax Deferral Print

Self assessment tax is normally paid in two equal instalments by 31 January in the tax year concerned, and 31 July immediately following the end of the tax year. Any balance due for the year is due by 31 January following the end of the tax year, along with the first payment on account for that year.

Taxpayers had the option to defer their second payment on account for 2019/20 which was due by 31 July 2020 until 31 January 2021, when it became due, along with any balance of tax payable for 2019/20 and the first instalment of the tax for 2020/21. Individuals who cannot afford to pay their outstanding tax may be able to set up a Time to Pay arrangement with HMRC to settle the arrears, provided all tax returns due have been filed.

HMRC have stated that they will not be introducing a tax deferral for the payments due in July 2021.

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