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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

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How to create a business filing system to store business data and customer records securely, meet GDPR regulations and dispose of records at the right time.
How to register for self assessment online, find your Tax Reference Number (UTR) and set up a personal tax account on the HMRC website.
A guide to business bookkeeping, including keeping financial records, using financial software and reconciling bank statements.
A guide to the best tax calculators and tool, including self assessment tax return calculators, NI calculators, income tax calculators, payroll calculators, company car tax calculators and VAT calculators.
A guide to the deadlines for registering for income tax self assessment with HMRC, filing your self assessment tax return and paying the tax you owe.
A guide to UK income tax allowances, including personal income tax allowances and dividend allowances as well as tax reliefs for employees and sole traders.
Everything you need to know about UK tax codes, including how to find your tax code and how to change a tax code that's wrong.
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
A guide to research and development grants, including information on government grants, how to apply for a grant and R&D Tax Credits.
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
How to avoid paying tax penalties to HMRC, including penalties for late filing, keeping inaccurate records or making errors on your tax return.
If you think you paid too much tax, you can claim a tax rebate. This guide tells you how to claim a tax refund as an employee, sole trader or business.
Most of us have sold items online via Etsy, Vinted and other online platforms, but when does selling items online make you liable for tax? Discover the rules on paying tax when you sell online.