SimGuruGraham has just announced on its website Modthesims A new feature in The Sims 4: taxes. Until now, if you didn't pay your taxes within three days, a little man would come along with his vacuum cleaner to pay your debts. In The Sims 4, your electricity will be cut off first, followed by your water.
Source: SimsCommunity and Simcookie. Image posted by the official page Die Sims