Sarah Bradford explains when a taxpayer may receive a simple assessment letter and when they can set up a ‘time to pay’ arrangement to pay in instalments.
Simple assessment is used by HMRC to collect underpayment of tax from taxpayers with very straightforward tax affairs. Under simple assessment, HMRC sends a letter (the simple assessment) to the taxpayer telling them what they owe, instead of requiring the taxpayer to complete a self-assessment tax return.
Taxpayers who receive a simple assessment now have the option of paying their bill in instalments by setting up a ‘time to pay’ (TTP) arrangement if they are unable to pay what they owe in full by the due date.
