Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what representations he has received on the potential merits of waiving the January 2021 self-assessment tax bill for those who have been ineligible for financial support during the covid-19 outbreak.
The Government is aware that many taxpayers, including those who may have been ineligible for financial support during the COVID-19 outbreak, may have difficulty in meeting the Self-Assessment payment deadline this year due to the impacts of COVID-19.
The Government has no plans to waive tax bills for taxpayers. However, HMRC are committed to helping all taxpayers pay their tax liabilities. Anyone having difficulty paying their tax bill by 31 January 2021, whether they have received financial support from the Government or not, can use HMRC’s automated self-serve Time to Pay (TTP) online service once they have filed their return.
For liabilities up to £30,000, taxpayers can set up an instalment arrangement online without having to contact HMRC beforehand. TTP is still available for taxpayers with liabilities exceeding £30,000, but they must contact HMRC to make the necessary arrangements.