Tag: late payment interest
HMRC warning as 1.1m could be hit with £900 fine
The interest rate reduction from HMRC came in line with the Bank of England’s decision to decrease the base rate from 4.75% to 4.5% …
HMRC to rake in £500 million a year in ‘blatant cash grab’
HM Revenue & Customs will earn an additional £500 million annually by increasing interest payments on late tax. …
