Skip to main content
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.

The Pitch competition opens for applications

20 April 2021

This year's Pitch competition promises to give 3,000 UK start-ups the tools they need to become investment ready.

The Pitch - now in its 14th year - offers new businesses the chance to be mentored and funded by top investors. This free-to-enter competition has helped UK start-ups raise tens of millions of pounds since launching in 2008. The competition is open to small businesses that have been trading for up to three years.

The 2021 programme is now open for applications. This hybrid event includes free online educational resources and workshops as well as live in-person pitching events, designed to equip entrepreneurs with the skills they need to take their business to the next level. The top ten start-ups will go on to compete on the national stage to win a package of mentoring and support from well-known entrepreneurs and the chance to gain investment.

Throughout May and June, there is a free package of online learning and webinars which anybody can access. Regional semi-finals will be held in October and the final will take place in November.

"The Pitch is committed to giving 3,000 UK start-ups the tools they need to become investment ready - and take their business to the next level," said Chris Goodfellow, founder of The Pitch. "The competition and package of mentoring and learning, which is completely free, will equip thousands of UK start-ups with the skills and opportunity to raise the money they need to grow."

This year's programme is supported by SageCrowdcubeSimpleWebAgora and FounderCatalyst.

"The pandemic has seen many individual's mindset shift on their working circumstances, with many now looking to take the plunge and start their own business," said Kirsty Waller, vice president UKI marketing at Sage.

Since launching in 2008, The Pitch has helped many start-ups, including ResolverLatest Free Stuff and Much Better Adventures.

Written by Rachel Miller.

Stay up-to-date with business advice and news

Sign up to this lively and colourful newsletter for new and more established small businesses.