Taxpayers needed to settle their liabilities for the year ended 5 April 2016 by 12pm on January 31, 2017.
In some cases this may have caused undue pressure on the financial resources of an individual or a business.
Those who were able to pay their tax bills, but not all at once, were able to delay matters by paying some before January 31 and some afterwards.
Any tax paid late currently attracts interest at the rate of 3% per annum but it is important to ensure that as much of your liability as possible is paid before February 28 as any tax outstanding at that date will attract a penalty charge of 5%.
If any tax due at the end of January 2017 still remains outstanding at August 31 2017 a further 5% charge (in addition to any interest) will be imposed so please ensure that you try to make provision for your tax bills during the year so they can be settled when they fall due.