SCSI publishes seventh report of session 2024—2025
The Select Committee on Statutory Instruments (SCSI) has published its report on instruments scrutinised pursuant to its statutory remit, drawing the special attention of the House to S.I. 2025/386, the Taxes and Duties, Etc (Interest Rate) (Amendment) Regulations 2025. This instrument, which increases the late payment interest rate on amounts due to HM Revenue and Customs, was laid on 26 March 2025 and came into force on 6 April 2025, thereby breaching the mandatory 21‐day interval prescribed for negative instruments. His Majesty’s Revenue and Customs, on behalf of HM Treasury, acknowledged this breach in a departmental memorandum, apologising and explaining that the timing coincided with other tax debt measures announced at the Autumn Budget and reiterated during the Spring Statement. The Committee emphasised that the 21-day rule is critical to allow affected parties adequate time to understand and respond to legislative changes and accordingly reported the instrument for failing to comply with proper legislative practice.