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: Destroying spoilt beer during coronavirus (COVID-19)
Find out about temporary changes to the destruction of spoilt beer if you're a brewer or publican.

Detailed guide: Employer Supported Childcare (480: Appendix 11)
Find out more information on how to get tax-free employer supported childcare.

Tax Credits Manual
How HM Revenue & Customs handles Child Tax Credit and Working Tax Credit cases

Employment Income Manual
A guide to the Income Tax (Earnings and Pensions) Act 2003.

Customs Civil Penalties Guidance
Customs Civil Penalties Guidance

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.

Company Taxation Manual
All aspects of company taxation.

Detailed guide: Statutory Sick Pay: employee fitness to work
Employers guide to assessing fitness to work, including asking for medical evidence, fit notes, and dealing with long term or frequent absences.

National Insurance Manual
Guidance on the law relating to National Insurance contributions including classification, refund and confirming National Insurance Numbers (NINO)

Detailed guide: How to contact the Collective Investment Schemes Centre
Find the postal addresses, email addresses, telephone and fax numbers for the Collective Investment Schemes Centre (CISC).

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From HM Treasury

Open consultation: Consultation on expanding the dormant assets scheme
A consultation on proposals to expand the dormant assets scheme. In light of the ongoing impact of coronavirus (COVID-19), the government is extending the deadline for responses to 16 July 2020. Please email us at dormantassets@culture.gov.uk if you have any questions.

News story: COVID-19 Guidance: Information for NI Businesses & Employers
Coronavirus (COVID-19): Information for businesses and employers in Northern Ireland

Transparency data: Government procurement card HMT spend greater than £500: January 2020
This document details GPC (government procurement card) HMT spend greater than £500.

Notice: Imposition of Monetary Penalty: 31 March 2020
OFSI report of penalty for breach of financial sanctions.

Guidance: Comprehensive Spending Review 2020 representations: guidance
How to submit representations to Comprehensive Spending Review 2020.

News story: Further details of Coronavirus Job Retention Scheme announced
New guidance on Coronavirus Job Retention Scheme published.

News story: Professor Silvana Tenreyro reappointed to the Bank of England Monetary Policy Committee
The Chancellor today (27 March) announced the reappointment of Silvana Tenreyro to the Bank of England Monetary Policy Committee (MPC).

Speech: Chancellor outlines new coronavirus support measures for the self-employed
The Chancellor Rishi Sunak today announced the next economic steps to help the self employed.

News story: Chancellor gives support to millions of self-employed individuals
Rishi Sunak announces world-leading scheme to support the UK’s self-employed affected by the coronavirus outbreak.

Guidance: Consolidated budgeting guidance 2020 to 2021
This document contains the 2020 to 2021 guidance for government departments on the budgeting framework that applies for expenditure control