With HMRC's interest rates linked to the Bank of England base rate, it's no surprise they're being recalculated. And, following consecutive hikes in recent years, seeing them fall further is obviously a welcome development.
But the real talking point here - and the elephant in the room - is the difference between the interest rate HMRC charges, and the one it offers on refunds.
More than ever, it's important that self-employed taxpayers are aware of the costs of late filing and payment - and take every step possible to ensure their tax compliance during the self-assessment.
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