{"id":780,"date":"2021-02-01T00:00:00","date_gmt":"2021-02-01T00:00:00","guid":{"rendered":"https:\/\/duffyregan.co.uk\/index.php\/2021\/02\/01\/online-payment-plans\/"},"modified":"2021-02-01T00:00:00","modified_gmt":"2021-02-01T00:00:00","slug":"online-payment-plans","status":"publish","type":"post","link":"http:\/\/duffyregan.co.uk\/index.php\/2021\/02\/01\/online-payment-plans\/","title":{"rendered":"Online payment plans"},"content":{"rendered":"<p>Almost 25,000 Self-Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling &pound;69.1 million, HMRC revealed recently.<\/p>\n<p>In October, HMRC increased the threshold for self-serve Time to Pay arrangements from &pound;10,000 to &pound;30,000 for Self-Assessment taxpayers. Once they have completed their 2019-20 tax return and know how much tax they owe, taxpayers can use the self-serve facility to set up monthly direct debits and spread the cost of their tax bill.<\/p>\n<p>Taxpayers can apply for the payment plan via GOV.UK. However, they must meet the following requirements:<\/p>\n<ul>\n<li>they need to have no:\n<ul style=\"list-style-type:disc\">\n<li>outstanding tax returns<\/li>\n<li>other tax debts<\/li>\n<li>other HMRC payment plans set up<\/li>\n<\/ul>\n<\/li>\n<li>the debt needs to be between &pound;32 and &pound;30,000<\/li>\n<li>the payment plan needs to be set up no later than 60 days after the due date of a debt<\/li>\n<\/ul>\n<p>Please call if you want to take advantage of this facility, we can point you in the right direction.<\/p>\n<!-- -->","protected":false},"excerpt":{"rendered":"<p>Almost 25,000 Self-Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling &pound;69.1 million, HMRC revealed recently. In October, HMRC increased the threshold for self-serve Time to Pay arrangements from &pound;10,000 to &pound;30,000 for Self-Assessment taxpayers. Once they have completed their 2019-20 tax return [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-780","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"_links":{"self":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=780"}],"version-history":[{"count":0,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/780\/revisions"}],"wp:attachment":[{"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=780"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/duffyregan.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}