
2025 No. 270
Income Tax
The Taxes (Interest Rate) (Amendment) Regulations 2025
Made 5th March 2025
Laid before the House of Commons 6th March 2025
Coming into force 6th April 2025
The Treasury make the following Regulations in exercise of the powers conferred by section 178(1) and (2)(s) of the Finance Act 1989.
Citation and commencement
1 
These Regulations may be cited as the Taxes (Interest Rate) (Amendment) Regulations 2025 and come into force on 6th April 2025.
Amendment of the Taxes (Interest Rate) Regulations 1989
2 
In regulation 5(1) of the Taxes (Interest Rate) Regulations 1989, for “on and after 6th April 2023, be 2.25 per cent per annum” substitute “on and after 6th April 2025, be 3.75 per cent per annum.”.
Jeff Smith
Vicky Foxcroft
Two of the Lords Commissioners of His Majesty’s Treasury
5th March 2025