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Tag: <span>Interest Rates</span>

Tax Update June 2023

Welcome to the June 2023 Tax Update. In this edition we take a look at share options for employees, HMRC’s rate of interest, employee’s private fuel, advisory fuel rates for company cars, and this month’s events on the accounting horizon. If you need any help or advice on any of…

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HMRC Revises Late Payment Interest Rates

HMRC late payment interest rates to be revised after Bank of England increases base rate. The Bank of England Monetary Policy Committee announced on 11th May 2023 that it would increase the Bank of England base rate to 4.5% from 4.25%. HMRC interest rates are linked to the Bank of England…

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