Published: 8th November 2022
As HMRC’s late payment and repayment interest rates are linked to the base rate, they are also set to increase.
From 14 November 2022 the following rates will apply:
From 22 November, the rates for other taxes will apply:
If your 2021/22 tax return is outstanding you should calculate your tax liability as soon as possible to ensure you can meet the payment deadline, to avoid (or minimise) interest charges.