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IMPORTANT BREAKING NEWS – 6 January 2021

HM Revenue & Customs have announced this morning that the Self Assessment filing deadline has been extended from 31 January 2022 to 28 February 2022 for 2020/21 Tax Returns

Their announcement means that the late filing penalty will only be charged if a Return is received by them after 28 February and it only affects online submissions as the deadline for paper based returns has long passed

The announcement also states that they will not charge a late payment penalty if tax is paid before 28 February BUT they will continue to charge interest on any tax due if not paid by 31 January

Our advice is that we shall continue working to the original January deadline in order to avoid interest and to keep clients affairs up to date.

Company Information Walker Thompson is a trading name of Walker Thompson Ltd registered in England and Wales. Company registration number 06574838

Registered Office Empress House :: 43a Binley Road :: Coventry CV3 1HU :: T 024 7663 5522 :: F 024 7663 5518 :: E clientcare@walkerthompson.co.uk