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: HMRC exchange rates for 2020: monthly
Find foreign exchange rates issued by HMRC in CSV and XML format.

Scottish Taxpayer Technical Guidance
Technical guidance on who, from 6 April 2016, will be a Scottish taxpayer. Includes guidance on an individual’s ‘place of residence’, ‘main place of residence’, tests for Scottish taxpayer status and evidence used to establish someone’s status.

Capital Gains Manual
This manual is to help people compute chargeable gains (and allowable losses) for both capital gains tax and corporation tax purposes or check computations. It supplements the basic guidance in the tax return and Help Sheets. It is written primarily for HMRC staff but it will also assist customers and their professional advisers. Customers filling in tax returns may not need to use the Capital Gains Manual at all. You can get basic information on how to compute chargeable gains (and allowable losses) from the Capital Gains pages of the tax return and the related Help Sheets. The "Published Date" at the top of a page is the date when the page was loaded onto the website. The content of a page in this manual will be older than the published date.

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

Shared Workspace Business Manual
Shared Workspace is an online service used by HM Revenue & Customs to collaborate with businesses and agents - service availability and how to apply

Business Income Manual
Supplementary guidance on how to check tax calculations or work out the trading profits of a business for Self Assessment tax return.

National Statistics: HMRC statistics: pre-release access list
HM Revenue and Customs' record of those who have pre-release access to National Statistics.

Detailed guide: Sporting testimonials: Income Tax and National Insurance payments
Find out how much Income Tax and National Insurance contributions to pay on sporting testimonial income.

News story: Get ready for changes to Capital Gains Tax payment for UK property sales
The deadlines for paying Capital Gains Tax after selling a residential property in the UK are changing from 6 April 2020 - understand the changes and what you need to do.

Detailed guide: Income Tax and National Insurance contributions for NHS WATS
Find guidance about Income Tax and National Insurance contributions for the NHS widening access training scheme (WATS) if you are an NHS employee or employer.

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From HM Treasury

News story: HM Treasury has appointed James Heath as the new CEO of the National Infrastructure Commission (NIC).
The Treasury has appointed James Heath as the new CEO of the National Infrastructure Commission. He will take up the post in May 2020.

Policy paper: Public service pensions increase: 2020
Covering note and multiplier tables for public service pensions in 2020.

Guidance: Government Finance Standards
The purpose of this government standard is to set expectations for the effective management and use of public funds.

Guidance: Money laundering and terrorist financing controls in overseas jurisdictions – advisory notice
This document contains advice issued by HM Treasury about risks posed by unsatisfactory money laundering and terrorist financing controls.

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.

Guidance: Draft of the Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2020
Draft text of a statutory instrument which makes amendments to retained EU law relating to the supervision framework for third country central counterparties, to be laid under the European Union (Withdrawal) Act 2018 as amended by the European Union (Withdrawal Agreement) Act 2020.

Policy paper: Global Anti-Corruption Programme
This Prosperity Fund programme promotes increased global prosperity and inclusive sustainable growth by working against corruption.

National Statistics: Public sector finances bulletin
The public sector finances statistical bulletin.

Open consultation: Consultation on expanding the dormant assets scheme
A consultation on proposals to expand the dormant assets scheme.