Late Paid Income Tax 2016/17
23rd February 2018
A 5% penalty will be imposed for those who have not paid their 2016/17 Income Tax, Capital Gains Tax and Class 4 National Insurance Contributions by Friday 2nd March.
The due date for payments was 31st January 2018, however the penalty can be avoided if a time to pay arrangement is agreed in advance.
Interest will continue to accrue on the unpaid tax until payment is made.
Disclaimer - All information in this post was correct at time of writing.