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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.

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.

Resource topics

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Under Making Tax Digital (MTD), the rules on how to submit VAT returns changed on 1 April 2019; here’s how to make sure you are compliant.
All active UK limited companies (and some dormant ones) must file corporation tax returns, typically, every year: file yours properly and on time.
Keeping accurate books is a legal requirement, as well as essential in making informed, productive business decisions. Our guide to bookkeeping.
All incorporated companies need to pay corporation tax on their profits. Our guide to calculating, paying and minimising corporation tax.
Our guide to some of the most popular accounting software packages, allowing you to compare features, functionality and prices, all in one place.
It's worth understanding the different ways in which the annual investment allowance, other capital allowances and allowable expenses are treated.
Employers could be missing out if they don’t take advantage of key tax breaks. Find out if your small firm could benefit from tax reliefs.
A corporation tax calculator can help you estimate your corporation tax liabilities, but corporation tax calculations can be complex.
If your company is liable for corporation tax, you need to keep adequate records to complete your company tax return. Here's a good HMRC guide.
RDEC credits and why smaller companies might claim them. RDEC qualifying criteria, RDEC rates and how to make an expenditure credit claim
National, regional and other grants that support research and development and what they cover. How to apply for a research and development grant.
Which companies are eligible for SME research and development tax credits, what costs you can claim and how to claim. How grants affect tax credits
From 1 April 2015, businesses have been able to claim £130 for every £100 spent on qualifying R&D, following an increase from 125% to 130%.
This toolkit is designed to help anyone completing a Company Tax Return avoid the common errors relating to directors' loan accounts.