This deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Classes 2 and 4 NI, capital gains tax and High Income Child Benefit Charge liabilities.
The balance of any outstanding income tax, Classes 2 and 4 NI, capital gains tax and High Income Child Benefit Charge for the year ended 5th April 2021 is also due for payment by 31st January 2022. Where the payment is made late interest will be charged.
The first payment on account for 2021/22 in respect of income tax and any Class 4 NI or High Income Child Benefit Charge is also due for payment by 31st January 2022.
If we have already dealt with your self assessment return on your behalf you need take no action.
Please note that HMRC is waiving late filing and late payment penalties due to the pressure caused by COVID-19. The deadline to file and pay remains 31st January 2022. The penalty waivers mean that:
- anyone who cannot file their return by the 31st January 2022 will not receive a late filing penalty if they file online by 28th February 2022; and
- anyone who cannot pay their self assessment tax by the 31st January 2022 will not receive a late payment penalty if they pay their tax in full, or set up a Time to Pay arrangement, by 1st April 2022. However, interest is payable from 1st February 2022.