HMRC raises interest rates on tax debt
The new penalties will apply from 21 February.
Bank of England raises interest rates to 4%
The latest increase is the highest base rate in 14 years.
Millions of taxpayers leave returns until the last minute
2.7 million self-assessment customers were yet to file just hours before the deadline.
HMRC reveals new AER calculation method
Quarterly reviews will use ONS data to calculate advisory electric rates.
Small business tax debt is growing
Non-payment has increased since the Covid-19 pandemic.