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Cambridge News // Headlines // Local

HMRC to adjust tax repayment and late payment charges following Bank of England rate cut

Friday 8th November 2024, 6:37PM

The Bank of England Monetary Policy Committee announced on November 7 that it was reducing the base interest rate to 4.75% from 5.0% and now HMRC has announced the charges issued for late payment and repayment of taxes will change

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