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HMRC Lowers Interest Rates for Late Tax Payments After Base Rate Reduction

  • HMRC announced a reduction in interest rates for late tax payments
  • This follows the base rate decrease from 4.5 percent to 4.25 percent

Source: claritaxnews.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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