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HMRC internal manual

Debt Management and Banking Manual

HM Revenue & Customs
, see all updates

Interest: tables of interest bearing charges

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
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