What rate of interest is it if self assessment income tax is paid late?
Forget about the surcharge (5% when 28 days late and another 5% when 6 months late) - what is the daily rate of interest charged on the unpaid tax?
And before you ask - I have paid my own tax on time - I pay mine weekly by direct debit going on the reasoning if I don't have the money I can't spend it.
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Never buy black socks from a normal shop. They shaft you every time.
Thanks. Funnily enough I had already saw that page but because it stopped at "From 29/09/09" I thought the page wasn't up to date so I just skipped the page. I was forgetting the bank base rate hasn't changed in nearly two years.
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Never buy black socks from a normal shop. They shaft you every time.
