Business tax

There are all sorts of things that affect the amount of tax you pay on your business profits whether you are trading through self employment or through a limited company....

You must file a Company Tax Return (or corporation tax return) if you get a ‘notice to deliver a Company Tax Return’ from HMRC...

Are you prepared for an HMRC enquiry or records check?...

If you are running your business as a sole trader, are you certain that this is the approach which is best suited to you?...

If you employ people you may give them some benefits in kind as part of their remuneration package or you may reimburse them for expenses over and above those which would be classe...

If you employ people, even on a casual basis, you must register your business as an employer under the PAYE rules and report to HMRC every time you make a payment to your employees...

You will need to set up a payroll if you employ staff or if your business employs you as a director and needs to pay you a salary....

Research & Development (R&D) costs may reduce your company tax bill if your company is liable to corporation tax....

The rules around VAT and business tax are many and complicated and it’s really easy for business owners to fall into the trap of getting it wrong when it comes to self assessment...

No matter how large or small your business is HMRC can launch an investigation at any time. There doesn’t have to be a specific reason...