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: Apply for a voluntary clearance amendment (underpayment) (C2001)
Use this form to tell HMRC about voluntary underpayments arising on import of goods.

Guidance: Apply to use the Freeport customs special procedure
If you’re a business who wants to move goods into or out of a Freeport customs site, you will need to apply to use the Freeport customs special procedure.

Guidance: Tax-free savings newsletter 3
October 2021 newsletter to update stakeholders on the latest news for tax-free savings.

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.

Guidance: Customs Declaration Service error codes
Look up error codes you get when you enter wrong information in the Customs Declaration Service.

Guidance: Apply for an exemption from Making Tax Digital for Income Tax
Check if you can apply for an exemption from Making Tax Digital for Income Tax.

Guidance: Childcare service: service availability and issues
Check the availability and any issues affecting the Childcare service.

Guidance: Help to Save: service availability and issues
Check the availability and any issues affecting the Help to Save service.

Guidance: New Computerised Transit System: technical specifications
Technical specifications for New Computerised Transit System (NCTS) software developers.

Official Statistics: Non-EU trade by declared currency of invoice 2020 (final)
Statistics showing the declared currency of invoice for the UK’s trade with countries outside the EU.

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From HM Treasury

News story: UK and Scottish governments agree first stage of the Fiscal Framework Review
The UK Government and Scottish Government today (14 October 2021) agreed in principle the scope of the independent report that will inform the subsequent review of the Scottish Government’s Fiscal Framework.

News story: Charles Randell to leave the FCA and PSR in Spring 2022
Charles Randell CBE, Chairman of the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR), has asked the Chancellor to commence the process to appoint his successor.

Correspondence: Exchange of letters between the Chancellor and Charles Randell
Exchange of letters between the Chair of the Financial Conduct Authority and Payment Systems Regulator and the Chancellor on succession planning.

News story: G7 Finance Ministers agree to work together to address global supply chain pressures
The Chancellor has welcomed an agreement from G7 Finance Ministers to work together to monitor supply chain pressures as the global economy rebounds from the pandemic.

Policy paper: G7 Public Policy Principles for Retail Central Bank Digital Currencies and G7 Finance Ministers and Central Bank Governors’ Statement on Central Bank Digital Currencies and Digital Payments
The G7 has today published a set of Public Policy Principles for Retail Central Bank Digital Currencies (CBDC) alongside a G7 Finance Ministers and Central Bank Governors’ Statement on CBDCs and digital payments.

Corporate report: National Savings and Investments Annual Report and Accounts 2020-21
National Savings and Investments (NS&I) has published their annual report and accounts and product accounts for 2020 to 2021.

News story: New capital raising review to boost UK companies and markets
A new review to boost companies listed on UK stock markets by giving them more options when raising capital has been launched today (12 October 2021).

Guidance: Film & TV Production Restart Scheme
The Scheme Rules and Explanatory Notes for the Film & TV Production Restart Scheme have been published by DCMS and HM Treasury.

Independent report: UK Secondary Capital Raising Review 
The UK Secondary Capital Raising Review, led by Mark Austin, was launched on 12 October 2021 to look into improving further capital raising processes for publicly traded companies in the UK.

Consultation outcome: Payments Landscape Review
This Call for Evidence provides an update on changes within payments and seeks views to feed into the Payments Landscape Review.