SELF-ASSESSMENT - 20.02.2020
Remind clients about late payment
30 days. Now that the 2018/19 returns have been filed, don’t let clients overlook the late payment penalties. The first one comes 30 days after the filing deadline, i.e. 1 March 2020 and is 5% of any unpaid tax outstanding. A time to pay arrangement is better than ignoring the bill.
Ensure clients have either paid their tax or agreed a payment plan by 1 March to avoid a 5% penalty.
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