Did you know you can now make regular monthly or weekly payments towards your next tax bill?
HM Revenue & Customs has introduced a Budget Payment Plan which individuals can set up, to pay all or part of their tax bill before January, following the end of the tax year. You can choose how much you want to pay and how often you would like to pay this, to reduce the amount payable in January. You are also permitted to pause payments for up to 6 months if needed.
To be eligible for the Budget Payment Plan you need to be up to date with your previous Self-Assessment payments. You also require a HMRC online account for self-assessment, to set the plan up.