Tax debt
Tax, interest, penalties or other amounts owed to a tax authority and not paid by the due date.
Related terms
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Tax arrears
Tax that should already have been paid to HMRC or another tax authority but remains outstanding.
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Tax liability
The amount of tax a person or business is legally required to pay.
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Tax assessment
A formal calculation or determination of tax due, made by the taxpayer, HMRC or another tax authority depending on the tax and circumstances.
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