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TaxRobin
TaxRobin, Tax Consultant
Category: Tax
Satisfied Customers: 15596
Experience:  International tax
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If I can pay my tax bill but not the interest or penalties

Customer Question

If I can pay my tax bill but not the interest or penalties what is likely to happen?
Submitted: 4 years ago.
Category: Tax
Expert:  TaxRobin replied 4 years ago.
Hello,
If you are able to pay the tax then the interest would stop accruing. If you were to get in touch with HMRC the penalty may be avoided altogether.
If you contact them, payment arrangements can be offered to you.