UK Business Resources, Legal Documents, Tax Rates

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

Corporate Finance Manual
An introduction to corporate finance legislation covering loan relationships, foreign exchange (FOREX) and derivative contracts

Guidance: Individuals you can claim for who are not employees
Find out if you can claim through the Coronavirus Job Retention Scheme for individuals who are not employees.

Detailed guide: Reporting employees' wages to HMRC when you've claimed through the Coronavirus Job Retention Scheme
Find out how and when to report employees' wages to HMRC using the PAYE Real Time Information system.

Detailed guide: Steps to take before calculating your claim using the Coronavirus Job Retention Scheme
Decide the length of your claim period, find out what to include when calculating wages and work out your employees’ usual and furloughed hours before you calculate how much you can claim.

Detailed guide: Check which employees you can put on furlough to use the Coronavirus Job Retention Scheme
Find out which employees you can put on furlough and claim for through the Coronavirus Job Retention Scheme.

Detailed guide: Check if you can claim for your employees' wages through the Coronavirus Job Retention Scheme
Find out if you’re eligible and how much you can claim to cover wages for employees on temporary leave ('furlough') due to coronavirus (COVID-19).

Detailed guide: Check if your employer can use the Coronavirus Job Retention Scheme
Find out if you’re eligible, and how much your employer can claim if they put you on temporary leave ('furlough') because of coronavirus (COVID-19).

Detailed guide: Claim for wages through the Coronavirus Job Retention Scheme
Claim for 80% of your employee’s wages plus any employer National Insurance and pension contributions, if you have put them on furlough because of coronavirus (COVID-19).

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

Prepare to import goods from the EU to Great Britain from 1 January 2021
Actions you need to take now to import goods from the EU from 1 January 2021.

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From HM Treasury

Guidance: Financial sanctions, Democratic People’s Republic of Korea
This page contains a list of designated persons, targeted under the Democratic People’s Republic of Korea (DPRK) financial sanctions regime, and information on relevant regulations.

Guidance: Financial sanctions, Syria
This page contains the current list of those subject to sanctions under the financial sanctions Syria regime as well as information on the relevant regulations.

Guidance: Financial sanctions, Libya
Libya is currently subject to financial sanctions. This document contains a current list of designated persons.

Guidance: Financial sanctions, Democratic Republic of the Congo
Democratic Republic of the Congo is currently subject to financial sanctions. This document provides a current list of designated persons.

Policy paper: The Financial Services Compensation Scheme's annual report and accounts: July 2020
A list of the Financial Services Compensation Scheme annual report and accounts.

Transparency data: Government Major Projects Portfolio: Senior Responsible Owners list – 2019 to 2020
This list provides the names of Senior Responsible Owners (SROs) for the Government Major Projects Portfolio (GMPP).

Transparency data: Infrastructure and Projects Authority annual report 2020
The 2020 Annual Report on the Government Major Projects Portfolio (GMPP) from the Infrastructure and Projects Authority (IPA).

Correspondence: Treasury Direction made under Sections 71 and 76 of the Coronavirus Act 2020: Eat Out to Help Out Scheme
The Chancellor has made a Treasury Direction in relation to the Eat Out to Help Out Scheme.

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

Open consultation: Consultation on reforms to the tax treatment of red diesel and other rebated fuels
This consultation seeks views on reforms to the tax treatment of red diesel and other rebated fuels.