The Act Part 9 – Interest on Payments Due to Or by Revenue Scotland Section 219 – Interest on repayment of tax overpaid etc.
258.This section provides that interest is payable by Revenue Scotland to the taxpayer on any repayment of tax, repayment on penalties or repayment of interest (on either tax or penalties). Interest also applies to repayment of any amount lodged with Revenue Scotland by the taxpayer in respect of the tax payable. Regulations made under section 220 will set out the rate at which interest on repayment will be calculated.