HMRC responded to suggest a reason for why the payment may be taking longer than the customer expected: "The refund will be going through additional security checks which can take 6 to 8 weeks.

HMRC charges late payers 2.5pc interest on top of the current Bank of England base rate, which currently stands at 4.5pc. The tax authority’s late payment interest rate was just 2.6pc for most ...

It is estimated tens of thousands of people are due an average of £5,000 in back payments. HMRC and DWP are also conducting a wider campaign to ensure that everyone who may be eligible is aware ...

The central bank has lowered the base rate from 4.75% to 4.5%. As HMRC bases its charges for late tax payments on the base rate, these will drop as well. Late payment interest is set at the base ...

Now, certain taxpayers can even organise their payment plan without having to hang on the HMCR phone lines. A recent Public Accounts Committee report raised a number of concerns around HMRC’s ...

HMRC benefit payment dates are set change for April which will affect millions. Child Benefit recipients will have their payment date changed because of the upcoming bank holidays in April, as the ...