What is it?
If you are self-employed, Income Tax payments due in July 2020 under the Self-Assessment system will be deferred to January 2021.
Am I eligible?
If you are self-employed, you are eligible.
How do I access it?
This is an automatic offer with no applications required. No penalties or interest for late payment will be charged in the deferral period.
HMRC have also scaled up their Time to Pay offer to all firms and individuals who are in temporary financial distress as a result of coronavirus and have outstanding tax liabilities.
When can I access it?
Payments due on the 31 July 2020 will be deferred until the 31 January 2021.