Tax rates & allowances

Personal tax rates and allowances are generally set for income tax years running to 5 April. Corporate rates and allowances are set for financial years running to 31 March.

08 May 2023

Online VAT filing portal to close in May

HMRC has reminded businesses that file VAT returns annually that the online VAT filing portal will close from 15 May 2023.

08 May 2023

UK inflation falls to 10.1% in March

UK inflation has dropped, but remains in double-digit levels, as the cost-of-living crisis eased slightly in March.