Interest free periodSeptember 12, 2011 There has been a delay in sending out some self-assessment statements this year, and as a result HMRC has waived the interest due on tax payable by 31 July 2011, where this is paid late. However, the interest free period only runs to 27 September 2011 and only applies to the second payment on account of income tax for 2010/11. Any other late tax payments, such as for amounts due on 31 January 2011 will accrue interest as normal. |
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