Interest rates on corporation tax instalments changed

The rates, in respect of accounting periods ending on or after 1 July 1999, take effect from 13 August 2001.

Underpaid instalments of corporation tax will now attract 6% interest instead of 6.25% and the overpaid instalments rate, and on corporation tax paid early (but not due by instalments), has decreased from 5% to 4.47%.


Inland Revenue announcement

Inland Revenue website

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