@tax.queen.c: In 2020 alone, HMRC raked in £1 billion just from late payment interest, not even counting penalty fees. With rates once at 8%, that’s one expensive delay. #UKTaxNews #HMRCPenalties #LatePayment #TaxTipsUK #MoneyMatters #TaxUpdate #FinanceNewsUK #TaxPlanning #InterestCharges #TaxFacts