Does Hmrc Affect Your Credit Score?

HMRC debts are simply money owing to the United Kingdom Government, for which the United Kingdom Government has not extended you credit. As a result, the obligations you owe to HMRC will not have an influence on your credit score whatsoever. As a result, your chances of obtaining credit, or even obtaining a mortgage, are not diminished.

What is HMRC interest rate for late payments?

Interest rates for late payments are now 2.60 percent as of 7/4/20 and 0.5 percent as of 7/4/20 for repayment, according to HMRC. For the most up-to-date information, visit this government website. Is it true that HMRC debt has an impact on credit rating?

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