Self-assessment ‘time to pay’ threshold raised to £30,000

HMRC has made it easier for self-assessment taxpayers to pay the tax they owe incrementally on a monthly basis, by extending the threshold for ‘time to pay’ applications, as part of efforts to ease financial stresses caused by the pandemic. “The increased £30,000 threshold follows the Chancellor of the Exchequer’s announcement on 24 September to […]

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