Interest Repayment CT ... ?

[Bumfluff]

Submitted accounts recently and paid up CT owed couple of weeks before it was due. Today I recieved a cheque from the IR repaying me some money, it just says 'interest payable to your for period x to y'. Do they pay you interest if you pay your CT early then ? It so whats the rate might be worth paying my CT off asap and get IR level of interest rather than bank.

[VectraMan]

http://www.hmrc.gov.uk/rates/interest-ctsa.htm#paid

5.25%. I think that's about what I get from Barclays.

[Bumfluff]

http://www.hmrc.gov.uk/rates/interest-ctsa.htm#paid

5.25%. I think that's about what I get from Barclays.

Cheers

http://www.hmrc.gov.uk/rates/interest-late.htm 7.5% for late tax, ni etc ouch