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UK Reminder: Second payment on account 2022/23 deadline
The second payment on account for UK self assessment tax year 2022/23 is due for payment on or before midnight Monday, 31 July 2023. If...
Farrell & Farrell
Jul 10, 20231 min read
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UK – Further increases in HMRC late payment and repayment interest rates
Due to the increase in the Bank of England base rate last week, HMRC has since announced the associated increase in its interest rates...
Farrell & Farrell
Jun 28, 20231 min read
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Shock announcement yesterday from HMRC with only 4 days notice!
HMRC is planning to close the self-assessment tax helpline from Monday 12 June 2023 for three months over the summer to focus call centre...
Farrell & Farrell
Jun 9, 20231 min read
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UK - HMRC late payment & repayment interest rates to increase again from 22 May 2023
As HMRC interest rates are linked to the Bank of England base rate, the increase from 4.25% to 4.5% last week has triggered another...
Farrell & Farrell
May 17, 20231 min read
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UK – HMRC late payment interest rates to increase
In response to the Bank of England interest rate increase to 2.25%, HMRC’s late payment interest rates will also increase with effect...
Farrell & Farrell
Sep 26, 20221 min read
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UK – HMRC late payment interest rates to increase
In response to the Bank of England interest rate increase to 1.75%, HMRC’s late payment interest rates will also increase with effect...
Farrell & Farrell
Aug 8, 20221 min read
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