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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Interest rate on late payment of tax
What is the actual interest rate on late payment of tax by a corporation? I was reading lecture notes from another tuition provider, which stated that the interest rate is 3.25%, but the notes from opentuition says 3%. Which is current.
Thanks for your help.
For the current exams based on FA 2016 it is 3%
