If you do not pay your
tax bill on time and cannot make an alternative arrangement to pay, HMRC can take ‘
enforcement action’ to recover any tax you owe.
You can usually avoid enforcement action by contacting HMRC as soon as you know you have missed a tax payment or cannot pay on time.
They may agree to let you pay what you owe in instalments, or give you more time to pay.
Otherwise, there are a number of enforcement actions HMRC can take to get the tax you owe. They can:
- Collect what you owe through your earnings or pension
- Ask debt collection agencies to collect the money
- Take things you own and sell them (if you live in England, Wales or Northern Ireland)
- Take money directly from your bank account or building society (if you live in England, Wales or Northern Ireland)
- Take you to court
- Make you bankrupt
- Close down your business
If you do not pay your tax on time, you’ll probably have to pay interest on the outstanding amount. You may also have to pay a penalty or surcharge.
Moore (South) is able to assist you and ensure your tax is paid on time, to contact us please click
here.