Cheadle Chartered Accountants » CGT http://staffordshireaccountants.com/news Charted Accountants & Business Advisors Tue, 22 Nov 2011 09:49:05 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Interest on taxation http://staffordshireaccountants.com/news/interest-on-taxation.html http://staffordshireaccountants.com/news/interest-on-taxation.html#comments Wed, 08 Apr 2009 09:39:53 +0000 Alistair http://www.cheadle-accounts.com/news/?p=21 read more]]> HMRC cut the rate of interest on underpaid Income tax, NIC, CGT, Stamp duty and certain other taxes from 3.5% to 2.5% as of 23 March. For underpaid corporation tax the rate was reduced from 2.5% to 2% as of 16 February and from 2% to 1.5% from 16 March

The rate of interest on overpaid Income Tax, NIC, CGT, stamp duty and certain other taxes remains unchanged at 0%. For overpaid and early paid corporation tax, the rate fell from 1.25% to 0.75% as of 16 February and from 0.75% to 0.25% as of 16 March.

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