DMBM610060 - Pre-enforcement: interest in enforcement proceedings: MARD debts
Some content of this manual is being considered for archiving. If there is content you use regularly, please email hmrcmanualsteam@hmrc.gov.uk to let us know as soon as possible.
From 1st April 2004 the Regulations allow the charging of UK interest from the date of recognition, which is the due date for interest purposes, to the date payment is made either to the UK or the member state.
UK interest is in addition to interest already charged by the other EU Member State.
UK Interest will be charged on
- the principal debt and
- administrative penalties or fines.
UK interest will not be charged on
- costs or
- interest already charged by the member state requesting assistance.
The component parts of the debt will be shown on the papers. All UK interest charged and recovered will be forwarded to the other member state. Please allocate any payment to the taxpayer’s advantage, as you would for any UK debt.