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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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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.

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

Resource topics

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There are two ways to work out motor expenses for the self employed - by actual cost or mileage. Which is best for you? Claire Georghiades explains.
A business can become loss-making at any time - but you may be able to set the loss off against your tax. Claire Georghiades explains.
Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.
Income tax planning can make a significant difference to the tax you pay. You should take advantage of any opportunities to minimise your tax bill.
Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.
Many businesses start out as part-time jobs or hobbies that develop into a business. It's possible to be employed and self-employed simultaneously.
Taking on a first employee is a big step for any business. This e-tutorial from HMRC will take you through the process of becoming an employer.
Knowing income tax amounts and payment dates will help you plan your cash flow and arrange financing.
Handy infographic featuring all the key dates you need to know for filing returns and paperwork with HM Revenue & Customs and Companies House
Every worker has a tax code issued by HMRC. But what are they for and how do you know if yours is correct? We answer key questions about tax codes.
Stamp duty, capital gains tax and other tax considerations can be important elements of a corporate finance transaction. Tax planning is key.
Effective tax planning is the best way to reduce tax liabilities. That means planning in advance from business start up through to eventual exit.
If you are only entitled to basic personal allowances and your tax is straightforward, use this tax, interest and penalty calculator from HMRC.
Tool to help self-employed businesses use fixed rates (‘Simplified Expenses’) to calculate how much to claim with mixed business and private use.
Chartered accountant Elaine Clark ofCheapAccounting.co.uk provides answers to key questions about when to turn a sole trader business into a company.