The current late payment and repayment interest rates applied to the main taxes and duties that HMRC currently charges and pays interest on are
- Late payment interest rate — 7% from 31 May 2023
- Repayment interest rate — 3.5% from 31 May 2023
HMRC interest rates are shown in the following tables.
Income Tax, National Insurance contributions, Capital Gains Tax, Stamp Duty Land Tax, Stamp Duty and Stamp Duty Reserve Tax
| From | Late payment % | Repayment % |
| 31 May 2023 | 7 | 3.5 |
| 13 April 2023 | 6.75 | 3.25 |
| 21 February 2023 | 6.50 | 3.00 |
| 6 January 2023 | 6.00 | 2.50 |
| 22 November 2022 | 5.50 | 2.00 |