§ Mr. Denzil Daviesasked the Chancellor of the Exchequer what is the present rate of interest charged on the balance of corporation tax which becomes payable from the reckonable date; and if there are any plans to increase it.
§ Mr. Peter ReesInterest on any balance of corporation tax paid after the reckonable date is charged at the current prescribed rate of 9 per cent. The rate of interest is kept under regular review.