Another cut in the base interest rate brings changes to late payment fees & more
As is well known, the base interest rate serves as a multiple reference interest rate. The recent, renewed reduction of the key rate by the ECB by 0.25 percentage points also led to % a reduction of the base interest rate from 2.53 % to 2.03 in March 2025. With respect to the interest rates on late payments, it should be noted that, pursuant to § 212, paragraph 2 of the BAO, the interest rates since July 1, 2024, are 4.5 above % the applicable base interest rate. The corresponding current annual interest rates are shown in the following table. If the mentioned interest rates do not reach an amount of €50, they will not be fixed.
| Since 12.3.2025 | So far | |
|---|---|---|
| Interest on deferred payment | 6,53 % | 7,03 % |
| Deferral interest | 4,03 % | 4,53 % |
| Interest on claims | 4,03 % | 4,53 % |
| Complaint interest | 4,03 % | 4,53 % |
| VAT interest | 4,03 % | 4,53 % |
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© ebit Steuerberatung GmbH | Client Information
© ebit Steuerberatung GmbH | Client Information