
HMRC
HMRC Raises Late Payment Bills Interest Rates to 7.75% – Highest Since 2001: What You Need to Know
Following the increase in the Bank of England base rate to 5.25% on 3 August, the late payment and repayment interest rates will be adjusted accordingly for the main taxes and duties charged by HMRC. This comprehensive overview aims to provide taxpayers with a clear understanding of the financial changes that will impact them. Effective