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Delay in the Issue of some Self Assessment Statements

HMRC have estimated that around 500,000 customers have been affected by a delay in the issue of their Self Assessment Statements. This has been attributed to a higher than usual number of statements to process.

You don’t need to worry about this. If HMRC have asked you to make a second payment on account, you normally should have paid this by 31 July. You usually have to pay interest if you don’t pay on time. If you receive your statement in August, you should still pay the tax due as soon as you can. However you’ll only be asked to pay interest on the tax due on the second payment on account if you still haven’t paid it by 27 September.

If your Unique Taxpayer Reference ends with digits from 70 to 99 then you may be affected, meaning you will receive your statement in August. If you use the online service, you can easily check your statement online.

To find out more, or if you would like to discuss your Self Assessment Statement, contact a McLintocks Advisor today on 0845 680 7800.