Guidance: Rates and allowances: HMRC interest rates for late and early payments

The interest rates for late and early payments have been updated.

Customs Duty and Excise Duty Drawback have been removed from the list of default and statutory interest in the departmental interest rates section.

The interest rates for late and early payments have been updated.

Excise Duty Drawback added to the departmental interest rates section.

The late and early payment interest rates have been updated from 7 April 2020.

The late payment interest rates have been updated from 30 March 2020.

The interest rates charged on underpaid quarterly instalments and interest paid on overpaid quarterly payments have been updated.

HMRC interest rates for late and early payments have been updated.

HMRC interest rates for late and early payments have been updated.

Interest rates for late payments changed from 21 November 2017, tables have been updated to reflect this.

Interest rates for late payments will be revised following Bank of England interest rate cut. Tables have been updated to reflect this change.

First published.