Following the announcement of the ability to defer tax payments in July 2020, the Government has announced  enhanced payment arrangements for those paying income and capital gains tax via self assessment.

HMRC has increased the upper threshold for online applications for time-to-pay to £30,000.

 

  1. What Has Changed?

 

  1. Am I Eligible?

 

  1. When Do I Have To Set Up The Plan?

 

  1. Will I Have To Pay Interest?