Self-Assessment customers whose payments and returns are up to date have the option to start a Budget Payment Plan. Customers can set up and manage their Budget Payment Plan using their HMRC online account and make regular advance payments by Direct Debit payments towards their next Self-Assessment tax bill, reducing what they will have to pay on the 31 January and 31 July deadline.

If you think your clients would prefer to pay this way, please encourage them to start a Budget Payment Plan. You can help educate your clients about the Budget Payment Plan by sharing information on how to pay weekly or monthly.

Customers can decide the regular weekly or monthly amount they want us to collect and choose to:

·         amend their regular payment amount

·         suspend payment for a period of up to six months

·         cancel it at any time

Having a Budget Payment Plan doesn’t mean customers can delay payment beyond the due date. They must ensure that any balance still owing (after subtracting their Budget Payment Plan payments) is paid off by the due date. Any balance still owed after the due date will attract interest.