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Update late payment interest rate #6866

Merged
merged 1 commit into from
Aug 20, 2024
Merged

Update late payment interest rate #6866

merged 1 commit into from
Aug 20, 2024

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syed-ali-tw
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Interest rate for late payment penalty for self assessment is changing from after 20th August 2024, its going down from 7.75% to 7.5%

details are in Trello:

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@govuk-ci govuk-ci temporarily deployed to smart-answers-pr-6866 August 8, 2024 13:52 Inactive
@syed-ali-tw syed-ali-tw force-pushed the change-interest-rate-in-estimate-your-penalty branch from 6e795f7 to 5da9fda Compare August 8, 2024 13:53
@govuk-ci govuk-ci temporarily deployed to smart-answers-pr-6866 August 8, 2024 13:53 Inactive
@syed-ali-tw syed-ali-tw force-pushed the change-interest-rate-in-estimate-your-penalty branch from 5da9fda to b0bae27 Compare August 8, 2024 13:55
@govuk-ci govuk-ci temporarily deployed to smart-answers-pr-6866 August 8, 2024 13:56 Inactive
@syed-ali-tw syed-ali-tw force-pushed the change-interest-rate-in-estimate-your-penalty branch from b0bae27 to cd38f2d Compare August 8, 2024 14:00
@govuk-ci govuk-ci temporarily deployed to smart-answers-pr-6866 August 8, 2024 14:00 Inactive
mtaylorgds
mtaylorgds reviewed Aug 9, 2024
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I think the the start date for the new interest rate is a day off.

lib/smart_answer/calculators/self_assessment_penalties.rb Outdated Show resolved Hide resolved
@syed-ali-tw
Update late payment interest rate
83cb966 
Interest rate for late payment penalty for self assessment is changing from
after 20th August 2024, its going down from 7.75% to 7.5%

details are in ticket:
https://trello.com/c/wRb7OoFK/285-change-interest-rate-in-estimate-your-penalty-for-late-self-assessment-tax-returns-and-payments
@syed-ali-tw syed-ali-tw force-pushed the change-interest-rate-in-estimate-your-penalty branch from cd38f2d to 83cb966 Compare August 9, 2024 08:21
@govuk-ci govuk-ci temporarily deployed to smart-answers-pr-6866 August 9, 2024 08:22 Inactive
mtaylorgds
mtaylorgds approved these changes Aug 9, 2024
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LGTM

@syed-ali-tw syed-ali-tw merged commit 935faec into main Aug 20, 2024
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@syed-ali-tw syed-ali-tw deleted the change-interest-rate-in-estimate-your-penalty branch August 20, 2024 09:48
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@mtaylorgds mtaylorgds mtaylorgds approved these changes

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@syed-ali-tw @mtaylorgds @govuk-ci