BB/24/04 New rates of interest paid by and to Customs & ExciseBusiness Brief, Issue 24. 8 September 2004As a result of recent changes in base lending rates, the rates of interest paid by and to C & E will increase from 6 September 2004.An Order of the Commissioners of C & E was issued on 1 September 2004 with the effect that— — the rate of default interest charged on underdeclared VAT, air passenger duty, insurance premium tax, landfill tax, climate change levy, aggregates levy and C & E duties will increase from 6.5 per cent to 7.5 per
Business Brief, Issue 24. 8 September 2004
As a result of recent changes in base lending rates, the rates of interest paid by and to C & E will increase from 6 September 2004.
An Order of the Commissioners of C & E was issued on 1 September 2004 with the effect that—
— the rate of default interest charged on underdeclared VAT, air passenger duty, insurance premium tax, landfill tax, climate change levy, aggregates levy and C & E duties will increase from 6.5 per cent to 7.5 per
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