{"id":94536,"date":"2018-08-02T15:45:26","date_gmt":"2018-08-02T15:45:26","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=498eb72f23345695abd240ea9352bee5"},"modified":"2018-08-02T15:45:26","modified_gmt":"2018-08-02T15:45:26","slug":"news-story-hmrc-late-payment-interest-rates-to-be-revised-after-bank-of-england-rate-rise","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=94536","title":{"rendered":"News story: HMRC late payment interest rates to be revised after Bank of England rate rise"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The Bank of England Monetary Policy Committee voted unanimously to increase the Bank of England base rate to 0.75% today (2 August 2018).<\/p>\n<p><abbr title=\"HM Revenue and Customs\">HMRC<\/abbr> interest rates are linked to the Bank of England base rate and, as a consequence of the change, <abbr title=\"HM Revenue and Customs\">HMRC<\/abbr> interest rates for late payment will be increased.<\/p>\n<p>These changes will come into effect on:<\/p>\n<ul>\n<li>13 August 2018 for quarterly instalment payments<\/li>\n<li>21 August 2018 for non-quarterly instalment payments<\/li>\n<\/ul>\n<p>Repayment interest rates remain unchanged.<\/p>\n<p>We will update <a href=\"https:\/\/www.gov.uk\/government\/publications\/rates-and-allowances-hmrc-interest-rates-for-late-and-early-payments\/rates-and-allowances-hmrc-interest-rates\">information on the interest rates for late payments<\/a> shortly.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 0.75%.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/94536"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=94536"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/94536\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}