The Future of UK Corporation Tax

In the Spring Budget 2021, Chancellor Rishi Sunak announced that the UK's main rate would increase to 25% (for profits over £250,000) from April 2023, at the same time as a separate small-profits rate of 19% (for profits of £50,000 [...]

2021-08-09T16:54:40+01:00April 13th, 2021|Corporate Tax|

Corporate Tax Planning 2020/21

Looking forward through the next 12 months, tax management and planning could play an important role in helping your business survive these uncertain times. Now is a good time to review whether the tax planning strategies of your business both [...]

2021-08-09T16:54:48+01:00August 4th, 2020|Corporate Tax|

R&D Tax Credits in Practice

R&D tax credits allow small companies to deduct an extra 130% of their qualifying costs from any profits, in addition to the existing 100% of qualifying costs - a total potential deduction of 230%. Can my company claim R&D relief? [...]

2021-08-09T16:54:51+01:00January 10th, 2020|Corporate Tax|

Capital allowances

Capital allowances provide the mechanism for tax relief on certain types of capital expenditure essentially providing a deduction against profits. Are you maximising your capital allowances position? Read our guide here to see how to minimise business tax in 2018//19.

2021-08-09T16:54:57+01:00September 3rd, 2018|Corporate Tax|