Taxation: Interest Payments
2026-06-30 · Treasury · HL1486 · Official question
Question
To ask His Majesty's Government what assessment they have made of the extent to which late-payment interest on Corporation Tax arises (1) from differences between estimated and final tax liabilities, including in businesses with complex or evolving tax po
Answer
HMRC does not routinely collect or publish data on the extent to which Corporation Tax late-payment interest arises from differences between estimated and final tax liabilities, as opposed to late payment behaviour. No specific assessment has therefore be...