Taxation: Interest Payments
2026-06-30 · Treasury · HL1484 · Official question
Question
To ask His Majesty's Government what revenue HMRC has received from late payment interest in each of the past five financial years, broken down by tax head; and, for each tax head, what proportion that revenue represented of total receipts in the correspo
Answer
HM Revenue and Customs does not hold a central dataset that identifies how many instances of Late Payment Interest (LPI) have been charged for all tax heads. For some tax heads, such as Income Tax Self Assessment, it would be possible to produce such figu...