Articles and information in relation to UK Payroll for business, employers and employees.
Bank of England Base Rate chart HMRC interest rates for late payments will be revised following the Bank of England interest rate increase to 4.00% on 5th November 2026 The Bank of England Monetary Policy Committee announced on 5 November 2026 to increase the Bank of England base rate to 4.00% from 3.75%. HMRC interest rates … Continue reading HMRC interest rates increase
HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 4%. The Bank of England Monetary Policy Committee announced on 2nd February 2023 an increase to the Bank of England base rate to 4% from 3.5%. HMRC interest rates are linked to the Bank of England base … Continue reading HMRC interest rates increased