Late payment interest rate increased

With effect from 9 June 2011, the rate of the late payment interest charged on tax in arrears is 14%, and the reduced rate is 10.5%.

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.
Free trial available. Cancel anytime. Free Orbitax account required.
Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.