# The Taxes and Duties, etc (Interest Rate) (Amendment) Regulations 2025, Regulation 2: Amendment of the Taxes (Interest Rate) Regulations 1989


(1) The Taxes (Interest Rate) Regulations 1989 are amended as follows.
(2) In regulations 3(3), 3A(3), 3AA(3), 3AC(3), 3ZB(3), 3ZC(3) and 4(3), in the formula, for “2.5” substitute “4”.
(3) In regulation 3ZA(4), in the formula, for “1” substitute “2.5”.
(4) In regulation 5A—
(a) at the end of paragraph (a), omit “and”;
(b) in paragraph (b), for “thereafter.” substitute “for the period beginning with 6 April 2017 and ending with 5 April 2025, and”;
(c) after paragraph (b), insert—
“(c) 4% per annum thereafter.”.

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Source: https://www.legislation.gov.uk/uksi/2025/386/regulation/2 (the official version)
Page: https://openlegislation.uk/taxes-and-duties-etc-interest-rate-amendment-regulations-2025/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.