HM Revenue and Customs (HMRC) is urging people not to delay completing and filing their Self-Assessment tax return before January 31 or they could face a £100 fine. Those who miss the deadline may also incur additional penalties for not filing on time.
HMRC said that in total, nearly £67million-worth of Self-Assessment tax bills have been paid through its official app since April 2022 - the equivalent of almost 65,000 taxpayers. In December 2022, 14,170 customers used the app to settle their tax bill, marking the highest number of app payments in one month since the facility was launched in February 2022.
Customers who are unable to pay what they owe in full, may be able to set up a payment plan, allowing them to spread the cost into manageable monthly instalments. Since April 2022, 45,600 Self-Assessment customers have set up a Time to Pay arrangement and in December, around 10,500 customers set up a plan, totalling more than £36million in tax.