Almost 100,000 tax-payers have paid £121 million using the HM Revenue and Customs’ (HMRC) app since April 2023, taking advantage of the new way to pay their Self-Assessment tax bill.
Latest figures from HMRC reveal that between April and September 2023, 97,365 taxpayers used the app to settle their tax bill for the 2022 to 2023 tax year – more than 3 times the £34.6 million paid by 36,467 taxpayers during the same period last year.
Tax-payers have been able to pay their Self-Assessment tax bill via the free and secure HMRC app since February 2022 and there is a YouTube video demonstrating how to make a payment.
See: Self Assessment payments via the HMRC app treble to £121 million - GOV.UK (www.gov.uk)
The latest Budget was packed with policy announcements, but according to the Office for Budget Responsibility (OBR), these policies will not really change the UK’s growth outlook over the next five years.
With the festive season underway and household budgets feeling the pressure, it may be useful to know that if you are worried about paying your tax bill in one lump sum, you may be able to spread the cost.