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Daily Archives: 18 June 2024

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paying hmrc tax earlty

How to earn HMRC interest by paying your Corporation Tax early

articles, Associate, Limited Company, Taxes ManagementBy Nathan Holmes18 June 2024

This article will examine what happens if you pay your corporation tax early, which can be a win-win situation if the funds are available. Her Majesty’s Revenue and Customs (HMRC) will pay you interest on tax repayments when you overpay your taxes. This is known as “repayment interest.” HMRC also has a little-known policy regarding…

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