2021 No. 249
Income Tax
The Taxes (Interest Rate) (Amendment) Regulations 2021
Made
Laid before the House of Commons
Coming into force
The Treasury make the following Regulations in exercise of the powers conferred by section 178(1) and (2)(s) of the Finance Act 19891.
Citation and commencement1
These Regulations may be cited as the Taxes (Interest Rate) (Amendment) Regulations 2021 and come into force on 6th April 2021.
Amendment of the Taxes (Interest Rate) Regulations 19892
In regulation 5(1) of the Taxes (Interest Rate) Regulations 19892, for “on and after 6th April 2020, be 2.25 per cent per annum” substitute “on and after 6th April 2021, be 2.00 per cent per annum”.
David RutleyMaggie ThroupTwo of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Regulations)