http://www.legislation.gov.uk/uksi/1995/521/note/madeThe Value Added Tax Act 1994 (Interest on Tax) (Prescribed Rate) Order 1995VATTaxKing's Printer of Acts of Parliament2011-07-04VALUE ADDED TAX This Order raises from 6.25 per cent. to 7 per cent. the prescribed rate of interest for the purposes of section 74 of the Value Added Tax Act 1983 (interest on VAT recovered or recoverable by assessment with effect from 6th March 1995). (This note is not part of the order)

This Order raises from 6.25 per cent. to 7 per cent. the prescribed rate of interest for the purposes of section 74 of the Value Added Tax Act 1983 (interest on VAT recovered or recoverable by assessment with effect from 6th March 1995).