Self Assessment customers who cannot file their tax return by the 31 January 2021 deadline will not receive a late filing penalty if they file online by 28 February, however taxpayers are still obliged to pay their bill by 31 January.
The new extension for completing your taxes will come as a welcome relief to many, however those who don't pay their taxes by the end of January will be liable for charges nonetheless.
More than 8.9 million customers have already filed their tax return. HMRC is encouraging anyone who has not yet filed their tax return to do so by 31 January, if possible.
Taxpayers must still pay their bill by 31 January and interest will be charged from 1 February on any outstanding liabilities. Customers can pay online, or via their bank, or by post before they file. More information on how to pay is at GOV.UK.
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