The Finance Act 2009, Sections 101 and 102 (Economic Crime (Anti-Money Laundering) Levy) (Appointed Day) Order, SI 2023/997 appoints 30 September 2023 as the date on which the FA 2009 ss 101 and 102 interest provisions come into force for the purposes of the economic crime levy. This means that the late-payment and repayment interest provisions will start to apply from the date the first returns and payments of the levy are due.
Section 101 applies late-payment interest on amounts due to be paid to HMRC, while section 102 applies repayment interest to amounts due to be paid by HMRC.
The Finance Act 2009, Sections 101 and 102 (Economic Crime (Anti-Money Laundering) Levy) (Appointed Day) Order, SI 2023/997 appoints 30 September 2023 as the date on which the FA 2009 ss 101 and 102 interest provisions come into force for the purposes of the economic crime levy. This means that the late-payment and repayment interest provisions will start to apply from the date the first returns and payments of the levy are due.
Section 101 applies late-payment interest on amounts due to be paid to HMRC, while section 102 applies repayment interest to amounts due to be paid by HMRC.
