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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.

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.

Resource topics

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A sector-by-sector guide to the VAT rules that apply to different businesses; which businesses need to register for VAT and the latest VAT rates.
UK VAT reporting has changed under Making Tax Digital; these FAQs focus on the key issues business need to know.
The way VAT-registered businesses must keep their VAT records and file their returns has changed under Making Tax Digital (MTD).
Guide to common VAT problems: highlighting potential VAT pitfalls so that business owners can avoid making VAT mistakes or breaking VAT rules.
How to keep accurate VAT records and complete VAT returns under Making Tax Digital (MTD) rules.
Everything you need to know about VAT: from keeping VAT records to completing VAT returns and complying with Making Tax Digital for VAT.
How to simplify VAT using VAT accounting schemes, including the flat rate scheme, the cash accounting scheme and the reverse charge scheme.
How to avoid paying tax penalties to HMRC, including penalties for late filing, keeping inaccurate records or making errors on your tax return.
How to submit VAT returns under Making Tax Digital (MTD), including advice on MTD rules and using MTD-compatible software and accounting apps.
VAT-registered businesses charge VAT on sales of goods and services. Use this tool to find the correct VAT rate you must charge and pay to HMRC.
Use this Tool to find out how you can pay any VAT owing to HM Revenue & Customs.
Once your sales reach the annual threshold, you must register for VAT. Our guide to when and how to register, and what you need to do once you have.
If you register for VAT with HM Revenue & Customs (HMRC), you must charge VAT on any goods and services you sell that are subject to VAT.