TTP interest is currently 4.25% (3.25% + 1%). From this post by Delendog, it sounds like the interest is calculated up front, for the duration of the agreed settlement TTP, and then added to the debt to calculate the repayments.
https://www.contractoruk.com/forums/...ml#post2574091
If you've got a mix of open and closed years, does the interest only apply to the open years? Or does it apply to the entire tax debt?
https://www.contractoruk.com/forums/...ml#post2574091
If you've got a mix of open and closed years, does the interest only apply to the open years? Or does it apply to the entire tax debt?
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