Here are our guides on business taxes including Corporation Tax and PAYE for employees that are important for tax planning when starting new businesses. Accountants can help you mitigate your tax liability such as claiming for all legitimate business expenses you may incur.
To get the most from your business here are some step-by-step guides on various topics covering all areas of business taxation in the UK.
Tax on Dividends - This article shows the tax payable on any dividends declared by a company including the tax credit you receive. Read more about tax on dividends
Close Company - There is a definition of a close company that is different from actually winding a company up - we cover both topics on a close company.
Tax Codes - The Inland Revenue issue every person with a particular tax code depending on your circumstances. We list all the various tax codes and what they mean, how HMRC calculates them and what you can do if you believe yours is incorrect.
Stamp Duty is an unwelcome tax we show you what the stamp duty tax is with the current rates of tax and ways in which the Inland Revenue is tightening up people trying to avoid paying it.
Tax Allowances - Everyone has a tax allowance we cover all the main tax allowances from personal to a married person's allowance to see what you are entitled to claim.
Tax Allowable Expenses - There are various expenses you can deduct against income on your tax return for personal and corporation tax we cover all allowable tax expenses and those that HMRC will not allow you to deduct.
National Insurance Contributions - Most people have to pay this additional tax wrapped up as a pension contribution and payment towards the welfare system. Check out our guide to National Insurance rates and contributions to see what you'll need to pay if you are employed or self-employed.
VAT Issues - VAT is a tax collected by businesses on behalf of the government. You can check to see what a valid vat registration number is for your business.