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: Register for VAT by post
Use the VAT1 form to register a new or existing business or one you're taking over.

Guidance: Corporation Tax technical specifications for CT600 RIM artefacts
CT600 V2 (2009) and V3 (2020) RIM artefacts for Corporation Tax software developers.

Policy paper: Interest harmonisation and penalties for late submission and late payment of tax
This tax information and impact note is about reform of tax penalties and HMRC interest harmonisation.

Policy paper: Penalties for late payment and interest harmonisation
Find out about the new late payment penalties and interest charges.

Guidance: Manage your trust's details
Use the online service to update details of your trust, declare no changes, authorise an agent, or close a trust on the trust register.

Guidance: Register a trust as a trustee
Register your trust online if you’re a trustee.

Guidance: Register a trust as an agent
Register your client’s trust online if you’re a tax agent or adviser.

Guidance: Check if an email you've received from HMRC is genuine
Check a list of recent emails from HMRC to help you decide if the email you've received is a scam.

Guidance: Recognised stock exchanges: section 1005 Income Tax Act 2007
Find the markets which HMRC class as having listed securities.

Guidance: Search the register of customs agents and fast parcel operators
Find a customs agent or fast parcel operator to help you with import and export declarations.

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From HM Treasury

Policy paper: User and Preparer Advisory Group Minutes: March 2021
Minutes and papers from the User and Preparer Advisory Group (UPAG) meetings.

Open consultation: Review of the Cash Ratio Deposit scheme: consultation on proposed changes
The government is consulting on the way banks and building societies contribute to funding the Bank of England’s monetary policy and financial stability functions, and proposals for an alternative funding arrangement.

Independent report: Members of the ring-fencing and proprietary trading independent review panel announced and Terms of Reference for the review published
John Flint, Patrick Honohan, Betsy Nelson, Preben Prebensen and Linda Yueh have been appointed by HM Treasury as members of the independent review panel on ring-fencing and proprietary trading.

Correspondence: Open letters between HM Treasury and Bank of England, September 2021
CPI inflation was 3.2% in August 2021, prompting an open letter from the Governor of the Bank of England to the Chancellor on 23 September 2021. The Chancellor replied to the Governor on 23 September 2021.

Policy paper: National risk assessment of proliferation financing
This national risk assessment (NRA) is the first comprehensive assessment of proliferation financing risk in the UK.

Official Statistics: Scottish VAT Assignment – Experimental Statistics
This page presents the annual historic estimates for the Scottish share of UK VAT for the purposes of the Scottish Government budget (Scottish VAT Assignment).

Policy paper: Independent expert group appointed to advise Government on standards for green investment
The Green Technical Advisory Group will oversee the Government’s delivery of a Green Taxonomy – a framework setting the bar for investments that can be defined as environmentally sustainable.

Policy paper: Government Major Projects Portfolio: Accounting Officer assessment NS&I
A summary of an Accounting Officer assessment completed for the NS&I Rainbow Programme on the Government Major Projects Portfolio.

Press release: Scottish Secretary comments on July GDP figures
Reacting to the latest GDP figures, Scottish Secretary Alister Jack says we must build back better, stronger and greener.

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 named in relation to financial and investment restrictions under the Russia regulations