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

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.


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.

Small Business Saturday hits new heights

4 December 2018

Small Business Saturday hits new heightsShoppers came out in force for this year's Small Business Saturday event.

Small Business Saturday saw an estimated £812 million spent with small businesses across the UK on 1 December, according to research commissioned by founder and principal supporter American Express.

This was up 8% from the £748 million spent on Small Business Saturday last year, with 59% of people aware of the day saying they spent more than usual.

Now in its sixth year, Small Business Saturday has become a key date in the small business calendar. More than 250 small business organisations supported the nationwide initiative, including the Federation of Small Businesses (FSB). In addition, the campaign was supported by 90% of local councils, up 3% on last year.

Small Business Saturday also saw high engagement on social media. Tweets sent on the day reached more than 100 million people, with #SmallBizSatUK and #SmallBusinessSaturday trending in the UK's top five throughout the day.

"Small Business Saturday has once again captured the hearts and minds of the nation, boosting spending with Britain's small independent businesses," said Michelle Ovens, director of Small Business Saturday (pictured above with mayor of London Sadiq Khan).

"It has been a challenging year for the high street, and so to see the amount spent on Small Business Saturday yet again is fantastic. Year-on-year, small businesses prove their importance to their communities, and consumers up and down the country respond with incredible support for and engagement in this important campaign."

Liz Kemp, founder of Kemps General Store in North Yorkshire and one of the top UK small firms chosen to represent the campaign in 2018, said: "Small Business Saturday once again has put a focus on and provided exposure to the small business community. It is so important for us, as a small business, to have this opportunity to share ideas and best practice with one another and create wider support networks.

"It is a chance to show that shopping in a small business is more of an 'experience', a destination and something to be enjoyed rather than a functional interaction. This experience is something customers clearly appreciate, with the amount spent on Small Business Saturday in its sixth year once again hitting incredible heights. We hope this will be a launchpad for many who do not usually choose to shop local to do so more regularly."

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