Guidance

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

Find the interest rates that apply on late or early payments across all tax regimes.

Documents

Details

»Ê¹ÚÌåÓýapp attached document is classified by HMRC as guidance and contains information on the interest rates that apply on late or early payments across all tax regimes.

Updates to this page

Published 1 January 2010
Last updated 9 May 2025 show all updates
  1. »Ê¹ÚÌåÓýapp interest rates for late payments have been updated for May 2025.

  2. »Ê¹ÚÌåÓýapp interest rates for late payments have been updated for April 2025.

  3. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated for February 2025.

  4. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated for November 2024.

  5. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated for August 2024.

  6. Information about VAT for periods starting on or after 1 January 2023 and for departmental interest rates relating to VAT for periods starting on or before 31 December 2022 has been added.

  7. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated for August 2023.

  8. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated for July 2023.

  9. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated for June 2023.

  10. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated for April 2023.

  11. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated for February 2023.

  12. »Ê¹ÚÌåÓýapp interest rates have been updated for January 2023.

  13. »Ê¹ÚÌåÓýapp interest rates have been updated for November 2022.

  14. »Ê¹ÚÌåÓýapp interest rates have been updated for October 2022.

  15. »Ê¹ÚÌåÓýapp interest rates have been updated for August 2022.

  16. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated.

  17. »Ê¹ÚÌåÓýapp interest rates have been updated for May 2022.

  18. Repayment interest will be paid at 0.5% until the Bank of England raises the base rate above 1.5%. »Ê¹ÚÌåÓýappn it will increase with the base rate.

  19. Details of how repayment and late payment interest rates are set have been added.

  20. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated.

  21. »Ê¹ÚÌåÓýapp date the 2.75% interest came into effect in January 2022 has been amended from 4 January 2022 to 7 January 2022.

  22. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated.

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

  24. »Ê¹ÚÌåÓýapp interest rates for late and early payments have been updated.

  25. Excise Duty Drawback added to the departmental interest rates section.

  26. »Ê¹ÚÌåÓýapp late and early payment interest rates have been updated from 7 April 2020.

  27. »Ê¹ÚÌåÓýapp late payment interest rates have been updated from 30 March 2020.

  28. »Ê¹ÚÌåÓýapp interest rates charged on underpaid quarterly instalments and interest paid on overpaid quarterly payments have been updated.

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

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

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

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

  33. First published.

Sign up for emails or print this page