# The Value Added Tax Act 1983 (Interest on Overpayments etc) (Prescribed Rate) Order 1993, Article 2


For the purposes of section 38A of the Value Added Tax Act 1983 the prescribed rate shall be 8 per cent.

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Source: https://www.legislation.gov.uk/uksi/1993/192/article/2 (the official version)
Page: https://openlegislation.uk/value-added-tax-act-1983-interest-on-overpayments-etc-prescribed-rate-order-1993/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.