Corporation Tax
Learn corporation tax obligations for UK businesses. These articles cover calculating profits, claiming deductions, and filing returns correctly.
Company Liquidations and Companies in Administration
It is a sad truth that many companies fail and this can occur for a variety of different reasons. The process of administration, liquidation and ‘winding u...
Cutting Your Corporation Tax Liability Through Bonuses
Corporation tax is paid on profits accrued by a limited company or unincorporated association. There are a number of expenses that can be offset against an o...
Cutting Your Corporation Tax Liability Through Expenses
Corporation tax for businesses is like income tax for individuals. However, while employees have little choice in the way that they pay their tax (with most...
Deferring Capital Gains
Capital Gains Tax or CGT, can be one of the most important tax considerations for businesses. In basic terms, CGT is incurred when an asset is sold or given...
Investment Enterprise and Efficiency
For many companies securing sufficient funding is a major consideration. This is particularly the case for start-up organisations, but the availability of wo...
Negligible Value Claim Relief
As any investor, small-time or professional, will know, shares and other investment vehicles can fluctuate wildly in value. By definition, this means that no...
Periods of Accounts
For tax purposes, time is divided into a series of blocks known as ‘chargeable periods’. According to the definitions in the Income Tax Act, this term co...
Tax Charges on Income
Corporation tax is levied on the adjusted profits of public companies and incorporated associations. This can obviously account for a sizeable proportion of...
Understanding Pension Contributions
Companies are constantly looking for ways in which they can lessen their tax burden. For public limited companies and incorporated associations, Corporation...
What Is A Close Company And How Does It Work?
The majority of UK-based private limited companies are small businesses. They employ relatively few people and operate with a simple organisational structure...
What is Corporation Tax?
Corporation tax is a form of direct taxation (that is a tax paid directly by the party from whom it is due to the government) that is levied on corporate pro...