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

Tax Credits Technical Manual
A guide to the law relating to Child Tax Credit and Working Tax Credit including entitlement, changes in circumstances and how payments are made

Form: Self Assessment: Trust and Estate Tax Return (SA900)
Use form SA900 to file a Trust and Estate Tax Return.

Detailed guide: Prepare for changes to the off-payroll working rules (IR35)
Find out how to prepare for changes to the off-payroll working rules from 6 April 2021.

Guidance: CWG2: further guide to PAYE and National Insurance contributions
Find out about detailed Pay As You Earn (PAYE) and National Insurance contributions for current and previous years if you're an employer.

Collection of Student Loans Manual
The role of HM Revenue & Customs in the collection of student loan repayments

Customs Civil Penalties Guidance
Customs Civil Penalties Guidance

International Manual
International tax issues including the principles of double taxation relief and an introduction to double taxation agreements

Compliance Handbook
The aim of the Compliance Handbook is to give you clear and comprehensive guidance to help you and external customers understand and apply the penalties and compliance powers introduced by FA 2007 to FA 2013. The guidance is in two sections: The technical guidance (CH1 - CH199999) explains the legislation and the overall policy about the way it should be applied. The operational guidance (CH200000 onwards) explains how to use the penalties and powers in your job. We are still developing this manual and we will add further guidance as it is produced for all compliance matters, both technical and operational.

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

Detailed guide: Sending car data to HMRC: payrolling car benefit and car fuel benefit
Find out how to report employee or director car benefits to HMRC where car and fuel benefits are payrolled.

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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, 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.

News story: Update to appointment on Financial Conduct Authority (FCA) Board
HM Treasury has announced that Bernadette Conroy’s term as Non-Executive Director to the FCA Board will commence on 6 April 2020.

Research and analysis: UK official holdings of international reserves: March 2020
This release details movements in the international reserves of gold and assets held by the UK government.

News story: Chancellor strengthens support on offer for business as first government-backed loans reach firms in need
Rishi Sunak is taking further action to support firms affected by coronavirus by bolstering business interruption loans and announcing a new scheme for larger companies.

Guidance: Supporting vital service provision in PFI/PF2 contracts during the COVID-19 emergency
Private Finance Initiative (PFI) contractors should consider themselves to be part of the public sector response to the current COVID-19 emergency.

Independent report: National Savings and Investments (NS&I) tailored review
This report sets out the conclusions and recommendations from the National Savings and Investments (NS&I) tailored review.

News story: Statement from HM Treasury and the Prudential Regulation Authority on the implementation of the Basel 3.1 standards
HM Treasury and the Prudential Regulation Authority (PRA) welcome the announcement made on 27 March by the Group of Central Bank Governors and Heads of Supervision (GHOS), delaying the implementation of the Basel 3.1 standards by one year.

Speech: Business Secretary's statement on coronavirus (COVID-19): 1 April 2020
Business Secretary Alok Sharma gave the 1 April 2020 daily press briefing on the government's response to the COVID-19 pandemic.

Policy paper: Public Works Loan Board: Final report (1 April 2019 to 24 February 2020)
Final report from the Commissioners of the PWLB on lending activities between 1 April 2019 to 24 February 2020.