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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.
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. The list below links to details of the current tax rates, rates for the previous year and forthcoming changes to tax rates and tax thresholds where they have been previously announced.
Get help estimating tax bills with a range of tax calculators. But bear in mind that calculators can only tell you roughly what your tax bill is likely to be, and certainly not how to reduce it. If you need detailed advice, talk to an accountant.
Visit the HM Revenue & Customs (HMRC) pages of the GOV.UK website to find income tax rates, allowances and taxable bands.
Use the HMRC tax checker for employees for a quick assessment of whether you are paying the right amount of tax. This calculator is not suitable for the self-employed.
Visit the HMRC pages to find approved mileage rates that can be used by small businesses to calculate their allowable motoring expenses and that can be paid free of tax and NICs to employees using their own vehicles for work.
Find corporation tax rates including details of the small profits rate and marginal relief by visiting the HMRC pages.
The small profits rate and main rate of corporation tax were aligned at 20% on 6 April 2015. To work out corporation tax for earlier tax years, you can use the HMRC marginal relief calculator for company profits between the small profits rate threshold and the main corporation tax threshold.
On the HMRC pages you can also find details of indexation allowances to reduce chargeable gains.
Find National Insurance contributions (NICs) rates and thresholds for employees, employers and the self-employed by visiting the HMRC pages.
Visit the HMRC pages to find PAYE rates and thresholds for employers.
Use the HMRC PAYE calculator to work out the tax to be deducted from an employee's pay.
Use the HMRC National Insurance calculator to work out employer's and employees NICs.
Use the HMRC Directors annual NICs calculator to check the final NICs payment for a director at the end of the tax year or when the directorship ends.
Use HMRC's statutory payment calculators on the GOV.UK website to work out whether employees qualify for statutory payments and if so how much and what you can recover:
Use the HMRC company car and car fuel benefit calculator to work out the value of the benefit and estimate the tax payable.
Read the HMRC guidance on IR35 to calculate the additional tax and NICs your personal service company may need to pay.
The VAT registration threshold in 2017/18 is £85,000 and the deregistration threshold £83,000. You can find details of historic VAT registration and deregistration thresholds by visiting the HMRC website.
The standard rate of VAT has been 20% since 4 January 2011. Reduced-rate supplies are taxed at 5% and zero-rated goods at 0%.
You can deal with VAT on road fuel by paying the appropriate scale charge. Find fuel scale charges by visiting the HMRC pages of the GOV.UK website.
Smaller businesses can simplify their VAT with special accounting schemes. The turnover limits are:
Find details of capital gains tax rates and allowances for personal assets and capital gains made by the self-employed by visiting the HMRC website.
Find current and historic business rate multipliers by visiting the Valuation Office Agency website.
Find details of stamp duty land tax (SDLT) rates and thresholds by visiting the HMRC website.
Use the HMRC SDLT calculators.