Tax Deposit Certificates Rates of interest on and after 6 Aug 2004 Applied for tax Cashed
Tax Deposit Certificates Rates of interest on and after 6 Aug 2004 Applied for tax Cashed Deposit of under £100,000: 1.25% 0.50% Deposit of £100,000 or over: Months held Applied for tax Cashed (a) under 1 1.25% 0.50% (b) over 1, but less than 3 3.75% 1.75% (c) over 3, but less than 6 3.75% 1.75% (d) over 6, but less than 9 3.75% 1.75% (e) 9 to 12 months 3.75% 1.75% United Kingdom Bank Base Rates From To p.a. 5 Feb 2004 5 May 2004 4.00% 6 May 2004 9 Jun 2004 4.25% 10 Jun 2004 4 Aug 2004 4.50% 5 Aug 2004 Current 4.75% Repayment Supplement and Interest on Tax From 6 Sept 2004: Customs: Pay 7.50% Receive 4.00% From 6 Sept 2004: Income tax, CGT and NIC: Interest on tax 7.50% Repayment supplement 3.50% Inheritance tax 4.00% Corporation Tax: Accounting periods Pay Receive 30.9.93 to 30.6.99 6.00%; 2.75% ending after 30.6.99 7.50% 4.00% From 16.08.04 on instalments: 5.75% 4.5% Official Rate of Interest From 6 Jan 2002 5.00% State Retirement Pensions Taxable Amount 2004