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HMRC interest rates - a further increase

  • Shepherd Partnership
  • Aug 17, 2022
  • 1 min read

Following the Bank of England’s recent decision to raise the bank base rate by 0.5%, HM Revenue & Customs are increasing the rate of late-payment interest for most taxes to 4.25%. The repayment interest rate is increased to 0.75%, from 23 August 2022.

 
 
 

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