HMRC Increase Interest Rates
HMRC late payment bills will be charged at 7.5% interest, this will come into effect from 11 July, this is the highest rate we have seen since 2001.
HMRC late payment bills will be charged at 7.5% interest, this will come into effect from 11 July, this is the highest rate we have seen since 2001.
Following the recent Bank of England interest rate rise, late payment interest rates levied by HMRC have been increased.
Chancellor Kwasi Kwarteng unveiled the government's ‘Growth Plan’ package.
Note: this article has been superseded since publication
Despite the rapid spread of the new Omicron variant, the final quarter of 2021 was a positive one for those investors with well-diversified portfolios.