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UK Business Resources

Tax Rates 2020-21

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Tax Information

Gov Tax Updates

Articles Section

Tax Information

Tax Rates

Here we have the main tax rates for the last eight years in the UK, including allowances and limits. We also have the USA tax rates and much, much more.

Areas covered:

  • Income tax rates
  • National Insurance rates
  • Tax allowances and limits
  • Corporation tax rates
  • Capital gains tax rates
  • Inheritance tax rates

 VAT Rates

We show all the VAT rates and limits for the UK and for the European Union.

Tax Terms Explained

Search words used in the tax industry. You may have come across a few and may have heard a few from your accountant and tax adviser.

Inland Revenue Interest Rates

This section includes the interest rates for unpaid tax, beneficial loans and inheritance tax purposes.

Gov Tax Updates

*External links

From HM Revenue & Customs

Press release: First Flagship UK Government hub in Scotland completed
Queen Elizabeth House visited by Scottish Secretary

News story: HMRC announces three new Director General appointments
Senior staff appointments announced in light of changes at the department

VAT Registration
Guidance about how to determine whether someone must, or may voluntarily, register for VAT; the entity to be registered; and changes to the details held on the VAT Register.

Employee Tax Advantaged Share Scheme User Manual
Guidance relating to tax advantaged share schemes.

Guidance: Excise Movement and Control System: service availability and issues
Check the availability and any issues affecting the Excise Movement and Control System (EMCS) online service.

Detailed guide: Partial Exemption Frameworks
Find out when and why Partial Exemption Special Methods (PESMs) are likely to be needed in specific sectors of the UK economy.

Capital Allowances Manual
Definition of capital allowances, how allowances are made and how to claim

Detailed guide: Negligible value claims and agreements
Find out how to make a negligible value claim for unquoted shares, and check if shares formerly quoted on the London Stock Exchange now have negligible value.

Detailed guide: Calculate how much you can claim using the Coronavirus Job Retention Scheme
Calculate how much you have to pay your furloughed employees for hours on furlough, how much you can claim for employer NICs and pension contributions and how much you can claim back.

Guidance: Find examples to help you calculate your employees' wages
Check examples to help you calculate your employee's wages, National Insurance contributions and pension contributions if you're claiming through the Coronavirus Job Retention Scheme.


From HM Treasury

Guidance: Who is subject to financial sanctions in the UK?
A guide to the current consolidated list of asset freeze targets, and a list of persons subject to restrictive measures in view of Russia's actions destabilising the situation in Ukraine.

Guidance: Financial sanctions, Central African Republic
The Central African Republic is currently subject to financial sanctions. This document provides a current list of designated persons.

Guidance: Country and regional analysis guidance 2020
Revised guidance for departments for the country and regional analysis (CRA) data collection exercise.

Guidance: Whole of Government Accounts 2019 to 2020: guidance for preparers
Guidance for central government and local government preparers for Whole of Government Accounts.

Press release: Coronavirus support measures help 65,000 businesses in Scotland
New data published today reveals more than 65,000 businesses in Scotland benefitted from over £2.3 billion of support through government-supported loan schemes

News story: Coronavirus support measures help every region and nation in the UK
New data published today reveals how businesses across every corner of the UK continue to be supported through government-backed coronavirus loan schemes.

News story: Joint Statement on the U.S. - UK Financial Innovation Partnership meeting
U.S. and UK participants in the U.S.-UK Financial Innovation Partnership (FIP) met virtually on 5 August, 2020, to exchange views on topics of mutual interest as part of their ongoing partnership.

Guidance: Public sector annual reports: sustainability reporting guidance 2020 to 2021
Guidance for government bodies on sustainability reporting.

Research and analysis: Anti-money laundering and counter-terrorist financing: supervision report, 2018/2019
Annual report for 2018 to 2019 on anti-money laundering and counter-terrorist financing supervision.

Transparency data: Government Major Projects Portfolio: Accounting Officer assessments MOD
A summary of Accounting Officer assessments completed for MOD programmes on the Government Major Projects Portfolio.

Articles Section

We have a number of carefully selected articles in the following areas:

Business Articles

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Tax Articles

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Computer Articles

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