MoneySavingExpertHMRC to waive March late payment fee for self-assessment taxpayers – but interest will still be charged

Self-assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April, HM Revenue and Customs (HMRC) has announced. But if you’ve failed to pay any outstanding tax on time, you will still be charged interest, so settle your account as soon as possible