Posted in Uncategorized HMRC late payment interest rates to be revised after Bank of England … November 20, 2022 The Bank of England Monetary Policy Committee voted on 17 March 2022 to increase the Bank of England base rate to 0.75% from 0.50%. HMRC interest rates are linked to the Bank of England base rate. https://www.gov.uk/government/news/hmrc-late-payment-interest-rates-to-be-revised-after-bank-of-england-increases-base-rate–3