Compensatory Interest Rates on IPR

08 December 2011

Compensatory interest is charged on Inward Processing Relief (IPR) Suspension goods to prevent businesses who divert goods to the EU market gaining a cash-flow advantage. In our experience, businesses are not seeking a cash-flow advantage but end up releasing some goods to the EU market because it is difficult to predict with accuracy the split of EU and non-EU sales.

  

 2011

Euro Area Member States

UK

November

1.54%

0.92%

October

1.55%

0.86%

September

1.60%

0.83%

August

1.49%

0.83%

July

1.43%

0.82%

June

1.32%

0.82%

May

1.18%

0.81%

April

1.09%

0.80%

March

1.02%

0.77%

February

1.02%

0.75%

January

1.04%

0.74%

If you need the rates for earlier years then please let us know.

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