{
  "url": "https://openlegislation.uk/taxes-interest-rate-amendment-regulations-2008/note",
  "json_url": "https://openlegislation.uk/taxes-interest-rate-amendment-regulations-2008/note.json",
  "legislation": "uksi/2008/778",
  "legislation_title": "The Taxes (Interest Rate) (Amendment) Regulations 2008",
  "legislation_url": "https://openlegislation.uk/taxes-interest-rate-amendment-regulations-2008",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThe Taxes (Interest Rate) Regulations 1989 (as amended) (“the 1989 Regulations”), made under powers conferred by section 178 of the Finance Act 1989, specify the interest rates applicable for the purposes of the enactments specified in section 178(2) of that Act. Regulation 3AB of the 1989 Regulations specifies the interest rate applicable for the purposes of some of those enactments which deal with the making of repayments by Her Majesty’s Revenue and Customs.\nThese Regulations amend regulation 3AB of the 1989 Regulations to take account of the changes in the manner in which income is charged to income tax which, it is anticipated, may have effect for 2008-09 and later tax years.\nThese Regulations do not impose any costs on business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/778/note",
    "retrieved_at": "2026-10-29T03:33:05.624897+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}