http://www.legislation.gov.uk/uksi/2020/995/note/made
The Taxes (Interest Rate) (Amendment No. 2) Regulations 2020
en
King's Printer of Acts of Parliament
2020-09-16
DIGITAL SERVICES TAX
The Taxes (Interest Rate) Regulations 1989 specify rates of interest for the purposes of the enactments specified in section 178(2) of the Finance Act 1989.
EXPLANATORY NOTE
(This note is not part of the Regulations)
The Taxes (Interest Rate) Regulations 1989 specify rates of interest for the purposes of the enactments specified in section 178(2) of the Finance Act 1989.
These Regulations amend the 1989 Regulations to specify the applicable rate of interest for overpayments of digital services tax and for overdue digital services tax. Digital services tax was introduced by Part 2 of the Finance Act 2020.
A Tax Information and Impact Note covering this instrument will be published on the government website at https://www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.