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UK: HMRC to reduce interest rate charges on late payments
From 17th February, taxpayers who owe money to HMRC will pay 7% interest, down from 7.25%. HMRC say that 1.1 million self-assessment...
Farrell & Farrell
Feb 12
1 min read
UK: HMRC late payment interest cut by 0.25%
Further to the Bank of England cutting the base rate to 5% on 1 August, this has triggered a cut in HMRC interest rates. From 20th...
Farrell & Farrell
Aug 6, 2024
1 min read
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