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Tax

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HMRC are saying I owe 39000 tax! I only earn 12500 PA I have phoned them they say they will look into it however have just noticed they are charging me £11.00 per day interest. Have now phoned 5 times ( 1 hour at a time) any help will be greatly appreciated. Thank you

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  • pramsay13
    pramsay13 Posts: 2,155 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We would need a bit more information. 
    Do you have an online account, if so what does it say the calculation is from?
    If it was a letter what does it say?
  • Are you sure this isn't a scam/fraud?

    Even if you did (as an individual) owe HMRC £39,000 they only charge 2.6% interest so the daily interest would be less than £3.

    You need to give more details about what you have been sent/how you have been notified of this debt.
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