(FA 2009, s. 101 and 102; TMA 1970, s. 86; FA 1986, s. 92 and FA 1989, s. 178 via SI 1986/1711, reg. 11 and 13)

Late payment interest is charged on unpaid stamp duty reserve tax from the due date for payment (see ¶2-360) to the actual date of payment. Repayment interest is paid on amounts of overpaid stamp duty reserve tax of £25 or more and runs from the date of payment to the date of repayment.

Period

Rate %

Late payment

Repayment

7 April 2020

2.60

0.50

30 March 2020 to 6 April 2020

2.75

0.50

21 August 2018 to 29 March 2020

3.25

0.50

21 November 2017 to 20 August 2018

3.00

0.50

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