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We're here with practical tax information for your business. Find out about business taxes, tax planning and more.

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Making Tax Digital is transforming the UK tax system. Sole traders, landlords and VAT-registered businesses will need to keep digital records and report income and expenses online.

We've scoured the web to get you the most up-to-date advice which includes the most useful tools on offer from the officials themselves.

Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.

The self-assessment tax return is an unavoidable burden if you are liable for self-employed tax or have complicated income tax affairs.

Corporation tax is charged on a company's profits. If you trade as a limited company, ensure that paying this tax is as painless as possible.

National Insurance Contributions (NICs) are payable whether you are self-employed or employed by your own company, although different rates apply.

As well as your legal obligations, you’ll want to ensure that payroll is painless and that you use any opportunities to improve your tax-efficiency.

VAT

Effective VAT planning aims to ensure that VAT is relatively painless, and that you are reclaiming as much as possible of the VAT you pay.

Capital gains are made when you sell something for more money than you paid for it. As a result, you can be subject to tax. Take professional advice.

Business property taxes apply to businesses with commercial premises.There are two commercial property taxes: business rates and stamp duty land tax.

If you have tax problems or face a tax investigation, it pays to seek professional advice and you must act rather than just hoping for the best.

News

August 2025

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A new survey of UK small business owners has found that many are optimistic about their prospects in the short-term, with six in ten expecting their turnover to grow in the next three months.
Millions of self assessment customers are being urged by HM Revenue and Customs (HMRC) to remain vigilant to scams that claim to be from the department.
Independent retailers are putting pressure on the government to scrap the de minimis import loophole as new figures reveal that cheap imports worth almost £6bn entered Britain last year tax-free.
Ahead of National Entrepreneurs Day on 21 August, experts are warning that the UK’s business creation rate has fallen to new lows and are calling for more to be done to support would-be entrepreneurs.
From 18 November 2025, all company directors and people with significant control (PSCs) will be legally required to verify their identity under the Economic Crime and Corporate Transparency Act 2023 as part of wider reforms to help prevent the misuse of UK companies.
While SME employment has fallen in the past few months, research shows that more people than ever want to start a business. However, a new survey suggests that many existing small firms are struggling.
President Trump’s decision to charge import duties for low-value goods entering the US is bad news for small exporters in the UK.
The government has unveiled its Small Business Plan - featuring a new crackdown on late payment, more support and funding for start-ups and growth firms and a promise to cut admin costs for SMEs by 25%.