The Caithness Business Index has posted the following article:

HMRC Late Payment Interest Rates To Be Revised After Bank Of England Cuts Base Rate

[IMG][/IMG] HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 5%. The Bank of England Monetary Policy Committee announced on 1 August 2024 to reduce the Bank of England base rate to 5% from 5.25%. [Read Full Article]