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 if you can get Tax-Free Childcare and 30 hours free childcare during coronavirus (COVID-19)
Find out about temporary changes that may affect you if you're applying for, or already getting, Tax-Free Childcare or 30 hours free childcare.

Guidance: Genuine HMRC contact and recognising phishing emails and texts
How to recognise when contact from HMRC is genuine, and how to identify phishing or fake emails and text messages.

Detailed guide: Claiming capital allowances for structures and buildings
If you build, buy or lease a structure and all construction contracts were signed on or after 29 October 2018, you may be able to claim tax relief.

Compliance Operational Guidance
Welcome to COG – process based guidance for compliance checks and assurance activity

Notice: Biofuels and other fuel substitutes (Excise Notice 179e)
Find out about the legal definitions of biofuel products, excise duty rates and the roles and responsibilities of producers (and in some cases, users) of these products.

Guidance: How to make a voluntary disclosure to HMRC
Find out how make a voluntary disclosure to HMRC if you're an individual or company and are not eligible for a HMRC campaign.

Detailed guide: Check if a business is registered for money laundering supervision
Search the Supervised Business Register to check if a business has registered with HMRC under the Money Laundering Regulations.

Calculate your employee’s statutory redundancy pay
Employer calculator - calculate your employee’s statutory redundancy payment

Detailed guide: Help and support if your business is affected by coronavirus (COVID-19)
Watch videos and register for the free webinars to learn more about the support available to help you deal with the economic impacts of coronavirus.

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.

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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, Central African Republic
The Central African Republic is currently subject to financial sanctions. This document provides a current list of designated persons.

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.

Guidance: Financial sanctions, Republic of Guinea-Bissau
The Republic of Guinea-Bissau is currently subject to financial sanctions. This document contains the current list of designated persons.

Guidance: Financial sanctions, Myanmar (Burma)
Myanmar (Burma) is currently subject to EU regulations. This document provides a current list of designated persons.

Guidance: Country and regional analysis guidance 2020
Revised guidance for departments for the country and regional analysis (CRA) data collection exercise.

Guidance: Whole of Government Accounts 2019 to 2020: guidance for preparers
Guidance for central government and local government preparers for Whole of Government Accounts.

Press release: Coronavirus support measures help 65,000 businesses in Scotland
New data published today reveals more than 65,000 businesses in Scotland benefitted from over £2.3 billion of support through government-supported loan schemes

News story: Coronavirus support measures help every region and nation in the UK
New data published today reveals how businesses across every corner of the UK continue to be supported through government-backed coronavirus loan schemes.

News story: Joint Statement on the U.S. - UK Financial Innovation Partnership meeting
U.S. and UK participants in the U.S.-UK Financial Innovation Partnership (FIP) met virtually on 5 August, 2020, to exchange views on topics of mutual interest as part of their ongoing partnership.