HMRC have announced that interest rates for late payment and repayment will decrease from 17 February for quarterly instalment payments and from 25 February for non-quarterly instalment payments. This follows the decision of the Bank of England to decrease its base rate from 4.75% to 4.50%.
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HMRC have announced that interest rates for late payment and repayment will decrease from 17 February for quarterly instalment payments and from 25 February for non-quarterly instalment payments. This follows the decision of the Bank of England to decrease its base rate from 4.75% to 4.50%.
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