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HMRC late payment interest rises to 8.5% – Advice on what it means for you - IN-Accountancy

Summary by IN-Accountancy
From April 2025, HMRC late payment interest rate has increased to 8.5%, marking a significant jump and reaching the highest level seen in decades. This follows a broader Government focus on strengthening tax compliance, alongside recent increases in National Insurance and corporation tax. The move places greater pressure on both businesses and individuals who find […]
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IN-Accountancy broke the news in on Tuesday, May 6, 2025.
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