DMBM402010 - Interest: Charging interest - by IT system: Charging interest in SAFE: Contents and overview in SAFE
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The legislation and business rules for charging interest on tax and duty types in SAFEare unchanged as a result of the introduction of SAFE. However as SAFE is based on acommercial package tailored to meet HMRC바카라 사이트™s requirements, the processes for thecalculation and charging of interest are different to those relating to other Head of Dutysystems.
The following paragraphs explain what these processes are.
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DMBM402020Automatic calculation and raising of an interest charge
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DMBM402030Automatic calculation and amendment of an interest charge
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DMBM402040Create interest charge following manual calculation
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DMBM402050Amend interest charge following manual calculation
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DMBM402060Clerical interest signals
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DMBM402070Clerical interest worklist
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DMBM402080Auto clearing process
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DMBM402090Amendments to Effective Date of Payment (EDP)