Corporation tax
Corporation tax is a levy that all companies are required to pay on their profits. Not only can this represent a substantial part of your trading costs, the rules governing corporate tax can be complex and time-consuming to get to grips with.
Add to this the increased reporting obligations, robust investigation policies from HMRC and harsher penalties for non-compliance and it is no wonder business owners seek professional help. The best way to ensure you only pay what is absolutely necessary and save time in the long run is to plan ahead.
Our corporation tax service focuses on:
• Finding the most tax-efficient structure for your business
• Identifying available opportunities and reliefs specific to your industry
• Achieving the optimum capital or revenue tax treatment.
• Reducing tax on disposals and maximising relief on acquisitions
• Meeting the demands of corporation tax compliance
• Dealing with HMRC on your behalf
Corporation Tax Incentive
A scheme in which companies can claim 100% first-year relief on qualifying new main-rate plant and machinery investments runs from 1 April 2023 to 31 March 2026. The Full Expensing scheme replaces the 130% super deduction that ended on 31 March 2023.
You can read more about it in our guidance Full Expensing: The New Corporation Tax Incentive Explained
Get in touch
We recognise that fulfilling these requirements can often prove to be a challenge for businesses. This is why we have a dedicated team of
corporation tax advisers experienced in handling all types of corporation tax matters for small owner-managed businesses through to large companies.
Please contact us on 023 9248 4356 if you would like our advice in this matter.