2019/20 self-assessment filing deadline currently unchanged

Nov 16, 2020

HMRC is still asking taxpayers and agents to file 2019/20 self-assessment returns by 31 January 2021. This Institute continues to lobby HMRC for a three month suspension of late filing penalties in light of the pandemic. Read the message from HMRC below which also contains guidance on working tax credits and child benefit.

HMRC will consider coronavirus as a reasonable excuse for missing some tax obligations (such as payments or filing dates) but you must explain how you were affected by coronavirus in your appeal and must still make the return or payment as soon as you can.

 “We are encouraging Self Assessment customers to complete their tax return ahead of the deadline on 31 January 2021, to make sure they have time to pay their tax bill or set up a payment plan. Self Assessment customers can complete their Self Assessment via the Personal Tax Account, which provides an immediate calculation of any tax owed.

Once Self Assessment customers have completed their 2019-20 tax return, and know how much tax is owed, they can set up their own payment plan to help spread the cost of their tax liabilities, up to the value of £30,000. They can use the self-serve Time to Pay facility to set up monthly direct debits and this can all be done online so there is no need to phone HMRC. Customers can visit GOV.UK to find out more about the service and if they are eligible.

Customers need to complete a tax return if they:

  • or their partner received Child Benefit and either of them had an annual income of more than £50,000
  • received more than £2,500 in other untaxed income, for example:
    • From tips or commission
    • Money from renting out a property
    • Income from Savings, investments & dividends
    • From foreign income
  • are self-employed sole traders and earned more than a £1,000
  • are a partner in a business partnership
  • are employees claiming expenses in excess of £2,500
  • have an annual income over £100,000.

Working Tax Credits

We have announced that Working Tax Credit claimants whose hours temporarily drop below the requirements will continue to be treated as if they are working their normal hours until the Job Support Scheme closes, even if they are not using the scheme. Claimants do not need to contact HMRC about this change. We will use the information we hold about the number of hours they normally work.

Any other changes in income, childcare and hours can be reported in the normal way. However, claimants must tell us if they or their partner lose their job, are made redundant or cease trading. Claimants should check GOV.UK to see if additional or alternative support is available based on their personal and financial circumstances.

Claiming Child Benefit

Parents are being urged to claim Child Benefit even if they have not yet been able to register the birth of their new-borns to ensure they don’t miss out.

Normally, to claim Child Benefit, parents must first register their child’s birth. However, HMRC announced in April that during the pandemic parents could claim Child Benefit without having to register their child’s birth first.

First time parents will need to fill in Child Benefit claim form CH2 found online and send it to the Child Benefit Office. If they haven’t registered the birth because of COVID-19, they should add a note with their claim to let us know.

If parents already claim Child Benefit, they can complete the form or add their new-born’s details over the telephone on 0300 200 3100. They will need their National Insurance number or Child Benefit number.

Child Benefit claims can only be backdated by up to three months, so it is important that new parents claim as soon as they can to receive the maximum support available. They should then make an appointment to register the birth of their new-borns as soon as they can, so that HMRC can verify their claim.”