HMRC is to increase its interest rates for late payment with effect from 13 November 2017 for quarterly instalment payments and 21 November for non-quarterly instalment payments. This follows the announcement of a rise in the Bank of England base rate to 0.5%. Repayment interest rates will remain unchanged.
HMRC is to increase its interest rates for late payment with effect from 13 November 2017 for quarterly instalment payments and 21 November for non-quarterly instalment payments. This follows the announcement of a rise in the Bank of England base rate to 0.5%. Repayment interest rates will remain unchanged.
