Corporation tax is a corporate tax payable by limited companies in the UK. It is deducted from the yearly revenues and capital gains of the companies. To be eligible to pay Corporation Tax to HMRC, company directors must register their firms at the time of trading. The date on which the tax has to be … Continue reading Improving Cash Flow to Help Pay Corporation Tax Bill
Tag Archives: Professional Tax Consultant
The aftermath of the Post Office Horizon scandal has naturally affected many employees. However, along with the plan to overturn their convictions, the government has assured compensation. However, the tax treatment for the compensation will now be part of the new legislation. Sub-postmasters cannot apply to a single compensation scheme since there is none. The … Continue reading Post Office Compensation – What’s the Latest?
All limited companies in the UK need to pay corporation tax on their profits. The rate for this tax was increased to 25% in April 2023. Now, as a business owner in Reading, if you are wondering how you can minimise it or whether there are methods to do so, this discussion can help. But … Continue reading Reduce Your Corporation’s Tax Bill by Following These Steps
