Farrell & FarrellAug 8, 20221 min readUK – HMRC late payment interest rates to increaseIn response to the Bank of England interest rate increase to 1.75%, HMRC’s late payment interest rates will also increase with effect from 23rd August 2022 as follows:- late payment interest rate — 4.25% repayment interest rate — 0.75%#interestrates #hmrc #bankofengland
In response to the Bank of England interest rate increase to 1.75%, HMRC’s late payment interest rates will also increase with effect from 23rd August 2022 as follows:- late payment interest rate — 4.25% repayment interest rate — 0.75%#interestrates #hmrc #bankofengland
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