If you owe tax from Self Assessment

You can set up a Self Assessment payment plan online if you:

• have filed your latest tax return

• owe £30,000 or less

• are within 60 days of the payment deadline

• do not have any other payment plans or debts with HMRC

HMRC will ask you about your income and spending when you set up your plan.

Find out more

Practice point.  It will be necessary to reduce payments on account for 24-25 as 23-24 will include a long accounting period for the self employed