From 29 August 2019 the interest rates IRD charge for unpaid or underpaid tax will increase from 8.22% to 8.35%, At the same time, the interest rate IRD will pay on overpaid tax will fall from 1.02% to 0.81%. Given the current low-interest rate environment, it appears IRD intend to use the interest it charges … Continue reading IRD Use of Money Interest Rates Rise