HMRC gives extra time for self-assessment taxpayers to submit and pay their tax

Although the official deadline to file and pay any self-assessment tax liabilities is still 31 January 2022, due to the ongoing impact of the covid-19 pandemic, HMRC have extended an olive branch and has announced it will waive the initial 2020/2021 self-assessment tax return late filing and late payment penalties.

HMRC have said that they recognise the pressure faced this year by taxpayers and also their agents in meeting the 31 January deadline, therefore the waivers give more time to file a return online and pay the tax due without penalty.

However, it should be noted that interest will still be payable on the amount due from 1 February, as usual, so it is still better to pay by 31 January if possible.

Specifically, the penalty waivers mean that:

  • Anyone who cannot file their return by the 31 January deadline will not receive a late filing penalty if they file online by 28 February, and
  • Anyone who cannot pay their self-assessment tax by the 31 January deadline will not receive a late payment penalty if they pay their tax in full, or set up a Time to Pay arrangement, by 1 April.

If you have a query about your self-assessment tax return, or need help submitting your return online, contact the Chiene + Tait Tax Team at