Guidance

Interest on deferred payment agreements: July to December 2015

Circular LAC (DH)(2015)3 sets out the updated interest rate for deferred payment agreements (DPAs) for 1 July 2015 to 31 December 2015.

Detail

The interest rate for deferred payment agreements (DPAs) is based on the cost of government borrowing. The maximum interest rate changes every 6 months. This circular, LAC (DH)(2015)3, sets out the updated maximum interest rate for 1 July 2015 to 31 December 2015.