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

Guidance: Corporation Tax: service availability and issues
Check the availability and any issues affecting the Corporation Tax online service.

Guidance: Electronic Data Capture Service: service availability and issues
Check the availability and any issues affecting the Electronic Data Capture Service (EDCS) online service.

Guidance: New Computerised Transit System Web: service availability and issues
Check the availability and any issues affecting the New Computerised Transit System (NCTS) Web online service.

Guidance: New Computerised Transit System XML: service availability and issues
Check the availability and any issues affecting the New Computerised Transit System (NCTS) XML online service.

Guidance: Making Tax Digital for VAT: service availability and issues
Check the availability and any issues affecting Making Tax Digital for VAT.

Guidance: New Computerised Transit System email: service availability and issues
Check the availability and any issues affecting the New Computerised Transit System (NCTS) email online service.

Detailed guide: How to set up a temporary storage facility
Set up and run a temporary storage facility to delay submitting a customs declaration for goods brought into the UK.

PAYE Manual
Guidance for staff working through PAYE processes for individuals and employers

Open consultation: Draft legislation: The Value Added Tax (Refund of Tax) Order 2019
We are seeking views on draft legislation that allows 4 named public bodies to obtain refunds of VAT incurred in the course of their non-business activities.

International treaty: Gibraltar: tax treaties
Tax treaties and related documents between the UK and Gibraltar.

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From HM Treasury

Guidance: Financial sanctions, Nicaragua
Nicaragua is currently subject to financial sanctions. To date, no targets have been designated.

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.

Policy paper: SME Finance Charter
Five pledges from UK banks and finance providers to support their small and medium sized business (SME) customers through Brexit.

Policy paper: Memorandum of understanding: equivalence and exemptions
Memorandum of understanding between HM Treasury, the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority on equivalence and exemptions determinations.

Speech: Economic Secretary speech on illicit finance
The Economic Secretary delivered a speech at Chatham House on work to tackle illicit finance and combat economic crime

News story: Chancellor marks beginning of decade of renewal for UK economy
The Chancellor Sajid Javid will mark the beginning of a decade of renewal for the UK economy at his first IMF annual meeting.

News story: Chance to ‘win while you save’ with new credit union prize account
Treasury launches pilot of new PrizeSaver account, with savers who put away as little as £1 with participating credit unions having the chance to win up to £5,000 a month.

Guidance: Financial sanctions, ISIL (Da'esh) and Al-Qaida organisations
Certain persons and entities associated with the ISIL (Da'esh) and Al-Qaida organisations are subject to financial sanctions.

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 the Ukraine.

News story: Treasury publishes Isle of Man VAT review
No evidence of aircraft VAT avoidance in the Isle of Man but further compliance checks should be implemented, finds Treasury review.