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HMRC late payment interest rates to be cut

HMRC late payment interest rates to be cut

by adminjo | Feb 20, 2025 | Business, HMRC, Self Assessment, Tax Penalties

HMRC late payment interest rates to be cut Following the reduction in the Bank of England base rate, HM Revenue & Customs (HMRC) have confirmed that their interest rates will be reduced accordingly. Late payment interest will reduce to 7% from 7.25%. Repayment...

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Alexander Accountancy

12 Granary Wharf Business Park
Wetmore Road
Burton upon Trent
Staffs.
DE14 1DU

Company Reg No: 05006155

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