Autumn Statement 2016

HMRC late payment interest cut HMRC has reduced late payment and repayment interest rates following the cut to the base rate.The Bank of England cut the base rate to 5.0% on 1 August, the first reduction for over four years.This has triggered a cut in HMRC interest rates which are pegged to the base rate.From…

HMRC cracking down on MVLs (Members Voluntary Liquidations)

HMRC late payment interest cut HMRC has reduced late payment and repayment interest rates following the cut to the base rate.The Bank of England cut the base rate to 5.0% on 1 August, the first reduction for over four years.This has triggered a cut in HMRC interest rates which are pegged to the base rate.From…

Autumn Statement 2015

HMRC late payment interest cut HMRC has reduced late payment and repayment interest rates following the cut to the base rate.The Bank of England cut the base rate to 5.0% on 1 August, the first reduction for over four years.This has triggered a cut in HMRC interest rates which are pegged to the base rate.From…