Tax Penalty Calculator

A tax penalty calculator is a tool that can be used by individuals or businesses to calculate the additional fees owed when they fail to pay their taxes on time or in full. The calculator usually takes into consideration factors such as the amount of tax owed, the length of time the payment has been delayed, and the prevailing interest rates. Through this tool, users can determine the total amount of penalties owed to the authority, which helps them plan accordingly and avoid further financial repercussions.