Taxation: Interest Payments
Commons · Question 117689 · Tabled 4 Mar 2026 · Treasury · Official record
Answered 12 Mar 2026
Question
Asked by Dame Caroline Dinenage
To ask the Chancellor of the Exchequer, what steps she is taking to ensure that HMRC provides clear information about interest on delayed and forward payments.
Answer
Answered by Dan Tomlinson, 12 Mar 2026
HMRC provides guidance on the interest applied to tax that is paid late, and on the repayment interest paid when taxpayers are owed money. The rates and explanatory information are published on GOV.UK and reviewed regularly to ensure they remain accurate,...