Late payment penalties: Instalment arrangments
Can't make a full payment?
If you're not in a position to make payment in full, you can contact us to arrange to pay your tax in instalments. You can do this before or after the due date.
Before the due date
If you contact us before the due date to enter into an instalment arrangement, only the initial 1% late payment penalty will be applied. We won't charge you any further late payment penalties and non-payment penalties as long as you make the agreed payments on time each month. If this is your first late payment in a two-year period, you will not use your grace period.
After the due date
If you make an arrangement on or after the due date, the initial late payment penalties of 1% and 4% will be charged. Any incremental penalties imposed up to the date you request an arrangement are also payable. As long as you meet your monthly arrangement obligations, no further incremental late payment penalties will be imposed.
| Note | |
|---|---|
| Interest will be charged on amounts outstanding after the due date. Any interest charged during the instalment arrangement remains due and is payable as part of the overall instalment arrangement amount. | |
Date published: 26 Mar 2008
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