»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp legal provisions for paying and claiming statutory interest are found in Schedule 3 to the Finance Act 2001 paragraphs 4 to 10.

Regulation 3 of the Excise Duty (Payments in Case of Error or Delay) Regulations 2001 define how a claim for interest must be made in relation to paragraphs 7 to 10.

Section 197 of the Finance Act 1996 provides that the interest rate should be determined by regulations.

»Ê¹ÚÌåÓýapp Air Passenger Duty and other Indirect Taxes (interest rates) Regulations 1998 contain the formulae that determine the statutory rate of interest.

FA2001

FA1996