Other helpful news

Income Tax

The second payment on account for the 2019-20 tax year has been deferred from July 31, 2020 to January 31, 2021. HMRC has confirmed that the deferral applies to all taxpayers. Self-assessment returns for the year should still be filed by January 31, 2021.

Working Tax Credits

Payments will increased to £3,040 per year from April 6, 2020 until April 5, 2021. No action is needed, as the increase in payment is automatic.