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Treasury yet to finalise pandemic excuse form as deadline nears

17-01-2021

While HMRC has said it will show leniency to those who cannot submit self-assessment forms by the January 31 deadline due to coronavirus-related issues, the Treasury has yet to detail how people can get a penalty-free extension. Jesse Norman, financial secretary to the treasury, says details have yet to be finalised for the form that will help taxpayers avoid late-filing penalties. Meanwhile, the Sunday Express offers self-assessment advice ahead of the deadline, noting the option to set up Time to Pay plans. Jamie Morrison at HW Fisher warns that people will face the 5% automatic late payment penalty if they fail to make an arrangement by March 2, the trigger date for that penalty.

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