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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.

The self-assessment tax return is an unavoidable burden if you are liable for self-employed tax or have complicated income tax affairs.

Resource topics

15 results shown
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.
How to register for self assessment online, your business or personal tax account, and where to find help with self assessment
Information is vital to many businesses' competitive advantage - but only if it can be found and used effectively. Our guide to records management.
Keeping accurate books is a legal requirement, as well as essential in making informed, productive business decisions. Our guide to bookkeeping.
Knowing income tax amounts and payment dates will help you plan your cash flow and arrange financing.
The deadlines for registering for self assessment, filing your self assessment tax return and paying any self assessment tax you owe
Your income tax allowances include allowable expenses which you can set against your taxable profits as well as the personal income tax allowance.
Our guide to some of the most popular accounting software packages, allowing you to compare features, functionality and prices, all in one place.
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.
Two income tax schemes, 'Cash Basis' and 'Simplified Expenses', are designed to make it easier for SMEs to manage their income tax obligations.
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
The rules on the taxation of dividend income have changed. Use this HM Revenue & Customs guide to find out how you are affected.
Tax penalties can be incurred if you make careless errors, while deliberate tax evasion or fraud can be treated severely - so avoid penalties.