![](https://ammu.uk/wp-content/uploads/2021/05/tax-advice-for-individuals-and-families-your-annual-return-to-HMRC.png)
HMRC’s late payment interest rate has gone up by another quarter percent, and now stands at 3.75%.
Late payment interest encourages prompt payment, ensuring fairness for those paying on time.
The rate for overpayments remains at 0.5%.
HMRC’s late payment interest rate has gone up by another quarter percent, and now stands at 3.75%.
Late payment interest encourages prompt payment, ensuring fairness for those paying on time.
The rate for overpayments remains at 0.5%.