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

Detailed guide: Check simplified procedure value rates for fresh fruit and vegetables
Use simplified procedure value rates for fresh fruit and vegetable goods that you import.

COTAX Manual
All aspects of company taxation including appeals, enquiries, payments and penalties

Guidance: Customs Handling of Import Export Freight: service availability and issues
Check the availability and any issues affecting the Customs Handling of Import Export Freight (CHIEF) online service.

Detailed guide: Sending parcels to and from Northern Ireland
Find out how to move goods, in parcels or large letters, between Great Britain and Northern Ireland using the Royal Mail Group or an express carrier.

Detailed guide: Apply for authorisation for the UK Trader Scheme if you bring goods into Northern Ireland
Find out how to get authorised to declare goods you bring into Northern Ireland not ‘at risk’ of moving to the EU so that EU duty will not be payable on those goods.

Detailed guide: Check if you can declare goods you bring into Northern Ireland not ‘at risk’ of moving to the EU
Find out if goods you bring into Northern Ireland are not ‘at risk’ of moving to the EU such that EU tariff will not be due on those goods.

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

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

Detailed guide: Complete your VAT Return to account for import VAT
Find out how to account for import VAT on your VAT Return if you're using postponed VAT accounting.

Corporate Intangibles Research and Development Manual
Corporation Tax and the taxation of intangible assets, remediation of contaminated land, vaccines research relief and tax credits for research & development.

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From HM Treasury

Guidance: Disguised remuneration: independent loan charge review
The independent review of the disguised remuneration loan charge has now concluded and the government has published its response.

Speech: Chancellor Statement - Budget press conference
Delivered by the Chancellor Rishi Sunak on 3 March.

National Statistics: GDP deflators at market prices, and money GDP March 2021 (Budget)
This document contains the latest gross domestic product (GDP) deflators. The GDP deflator can be viewed as a measure of general inflation in the domestic economy.

Guidance: Check the status of tax policy consultations
Find out about ongoing and closed tax policy consultations.

Statement to Parliament: Budget Speech 2021
The Budget 2021 speech as delivered by Chancellor Rishi Sunak

Policy paper: National Minimum Wage and National Living Wage: Low Pay Commission remit 2021
The government’s remit to the Low Pay Commission (LPC) outlining the areas they should consider when recommending the 2022 National Minimum Wage and National Living Wage rates.

Policy paper: Enterprise Management Incentives: call for evidence
We are seeking views of organisations and individuals on how the Enterprise Management Incentives scheme is operating and whether it should be expanded.

Consultation outcome: The scope of qualifying expenditures for R&D Tax Credits: consultation
The government is seeking views from R&D tax relief claimants and other stakeholders on the scope of costs eligible for tax credits.

Open consultation: R&D Tax Reliefs: consultation
The government launched a review of R&D tax reliefs at Budget 2021. This wide ranging consultation seeks views from stakeholders on the current R&D tax relief schemes.

Consultation outcome: 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.