DMBM400020 - Interest: tables of interest bearing charges
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Liability |
Interest chargeable |
CIS Penalty |
yes (Schedule 55 penalties only) |
Civil penalties |
no |
Contract settlements |
as per contract and on late payment of contract |
Corporation tax |
yes |
Corporation tax penalties |
no |
Corporation tax-quarterly payments |
yes |
Customs Duty |
yes |
Default surcharge |
no |
FTN (Schedule 41) |
yes |
Inaccuracy penalties (Schedule 24) |
yes |
Income Tax Company Payments |
yes |
Inheritance tax |
yes |
Interest on all Heads of Duty |
no |
NIC Class 1 outside CCJ |
yes |
NIC Class 1 subject to CCJ |
yes |
NIC Class 1A |
yes |
NIC Class 2 |
no |
PAYE Tax outside CCJ |
yes |
PAYE Tax subject to CCJ |
yes |
PAYE penalty |
no interest is being charged at this time (see DMBM523560) |
PAYE Regulation 80 assessments |
yes |
SA penalty (late filing) |
yes |
SA penalty (late payment) |
yes |
SA surcharge (tax years 2009-10 and prior) |
yes |
SA tax including subject to CCJ |
yes |
Schedule D outside CCJ |
yes |
Schedule D subject to CCJ |
yes |
Section 419 ICTA 88 assessments |
yes |
Stamp Duty Land Tax |
yes |
Tax Credit Overpayments (not including fraud, neglect or penalties) |
no |
VAT Officers Assessment |
yes |
VAT Prime Assessment |
no |
VAT Voluntary Disclosure |
yes |