C-19 Self-employment income support scheme
C-19 Landlords & tenants
C-19 Late payment interest rate
C-19 Reduced rate VAT
C-19 Deferring Income Tax payments
C-19 Working from home
C-19 Future Fund loan scheme
C-19 Recovery Loan Scheme
COVID-19: HMRC reduce late payment interest rate - Updated: 17 November 2020
Coronavirus: HMRC reduce late payment interest rate
Following the Bank of England’s decisions to reduce the base rate in response to the pandemic, HMRC have announced that their late payment interest rate will decrease to 2.6% with effect from 7 April 2020.
The rate, which applies to late payments of the main taxes and duties administered by HMRC, tracks at 2.5% above the base rate.
Links
COVID-19: Government support tracker.
External links
v
Services
61 Friar Gate Derby DE1 1DJ
Registered as auditors in the United Kingdom by the Association of Chartered Certified Accountants.
www.auditregister.org.uk under number 8011438
01332 202660