Revenue press releases - Foot and mouth helpline

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Revenue press releases

Foot and mouth helpline

The Inland Revenue and Customs and Excise have said that they will take a sympathetic approach to businesses experiencing financial problems as result of the foot and mouth outbreak, and have opened a helpline for farmers and others affected to get advice on tax, VAT, National Insurance contributions and tax credits. The helpline will be open seven days a week from 8 am to midnight and the number is: 0845 3000 157. Calls will be charged at local rates.

(Source: Inland Revenue information notice dated 20 March 2001.)

Interest rates

The rate of interest charged on underpaid instalment payments of corporation tax has decreased from 7 per cent to 6.75 per cent. The rate of interest on overpaid instalment payments of corporation tax, and on corporation tax paid early (but not due by instalments) has decreased from 5.75 per cent to 5.5 per cent.

These rates take effect from 19 March 2001.

(Source: Inland Revenue press release dated 16 March 2001.)

Retail prices index

The value of the retail prices index for February 2001 is 172.0.

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