New Forest

19/01/2022

HMRC late payment interest rates to be revised after Bank of England increases base rate

HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 0.25%.
The current late payment and repayment interest rates applied to the main taxes and duties that HMRC currently charges and pays interest on are:

  • late payment interest rate — 2.75% from 4 January 2022
  • repayment interest rate — 0.5% from 29 September 2009 – no change from 4 January 2022

Read more here.

Latest Tweets

We are looking for a Business Service/Outsourcing Manager to join our team based in Chandlers Ford.

Click the link here for the full details 👉 https://bit.ly/3jfWEf4

#Vacancies #SouthamptonJobs

The 130% super-deduction for investment in plant and machinery was introduced in the March 2021 Budget, to encourage capital expenditure.

read more here 👉 https://bit.ly/3Hbni0l

#economics #accounting

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your business.