HMRC
Interest rate increase – what does this mean for late self-assessment payments?
Interest rate increase – what does this mean for late self-assessment payments? HMRC has increased the interest rate for late payments from 2.75% to 3% effective from 21 February 2022. The increase comes as The Bank of England announced an increase in the base rate from 0.25% to 0.5% on 3 February 2022. The 3%
9 February 2022