HMRC introduces expanded online ‘Time to Pay’ options

HMRC that could make managing tax obligations more flexible. Taxpayers who receive a simple assessment for amounts between £32 and £50,000 may now apply for a Time to Pay arrangement online, without needing to contact HMRC by phone – provided they have no other active payment plans.

These arrangements allow tax liabilities to be spread over manageable instalments. While interest will continue to accrue, a Time to Pay plan can help reduce the risk of late payment penalties and support smoother cash flow. HMRC reports that more than 900,000 taxpayers currently use these arrangements, with the majority completing them successfully.

Navigating tax obligations can be complex, and ensuring your simple assessment is accurate is essential.

If you’re considering a Time to Pay arrangement or need guidance on your tax situation, Verallo’s team of tax experts is here to provide tailored advice. Contact us today to discuss your options.