Business Tax

With the complex changes in UK and global tax we understand that every client is unique.

We seek to identify means to reduce your business tax liabilities with our knowledge of corporate business tax legislation and years of experience in various different industry sectors. We can advise on the best time for capital expenditure and help you reach your economic objectives through strategic financial planning.

 

We can offer support and advice regarding

  • Corporation Tax
  • Income Tax
  • Payroll Tax including PAYE and National Insurance Contributions
  • Construction Industry Scheme (CIS) Tax
  • IR35 Tax Rules
  • Stamp Duty and Stamp Duty Land Tax

Our fully qualified team of Tax Advisors, offer up-to-date knowledge and experience of all aspects of corporate and business taxation and can provide support to ensure that your business is fully compliant with all corporate tax requirements.

 

Why choose us?

  • Fully-qualified team of advisors
  • Tailored services shaped around the needs of your business
  • Dedicated Tax Group with experience across a wide range of industry sectors

 

Our Tax Group Commentary on Business Tax Aspects of:

2017: Spring Budget

2016: Autumn Statement | Spring Budget

2015: Autumn Statement | Summer Budget | Spring Budget

2014: Autumn Statement | Budget 

2013: Autumn Statement | Budget

2012: Autumn Statement | Budget

2011: Autumn Statement | Budget

 

Our Tax Group “A Brief Guide to...” Publications:

 

Get in touch with your local office and speak to one of our specialist advisers about our Business Tax services.



 
Latest Blogs in Business Tax
 
Jeannette Hume
7th December 2020 Prevention of abuse of R&D tax credit refunds for small and medium sized companies

From 1 April 2021, HMRC are to introduce a limit on the amount of payable tax credits which can be claimed by a loss-making company. The refund will be restricted to £20,000 plus 300% of its PAYE and NIC liability for the period. Where the accounting year straddles 1 April 2021, the company will be…

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Vanessa Pearson
7th December 2020 Company accounts – do you know your new filing deadline?

As a response to COVID-19, earlier this year the Government announced a temporary extension to the filing deadline of certain documents that are filed at Companies House. Private companies whose annual accounts filing deadline fell between 27 June 2020 and 5 April 2021 were given an additional three months to prepare and file their accounts.…

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Lisa Smith
7th December 2020 Covid-19 – Support for the hospitality and tourism industries extended

In response to the continuing Coronavirus health emergency, the Government has extended the period during which the reduced rate of VAT will apply to the hospitality and tourism industries.  The reduced rate of VAT, which came into force on 15 July 2020, will continue to apply until 31 March 2021. As a result, VAT at…

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Lisa Smith
2nd December 2020 Brexit – EU VAT Refund System – Don’t miss the deadline!

UK businesses can only use the EU VAT Refund System until  11 pm on 31 March 2021.  This means that claims for a refund of VAT incurred in other EU Member States for the year ended 31 December 2020 must be submitted by then.  Prior to Brexit the deadline was 30 September following the end…

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Chris Ridgeon
30th November 2020 Is DISS about to appear!

A Directors Income Support Scheme (DISS) is being recommended by a consortium of professional bodies to the Government.   The proposal would see this running along the same parameters as the Self-Employed Income Support Scheme (SEISS), updated details of which are now emerging from HMRC. Under the SEISS scheme sole traders and partners of partnership…

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Richard Alecock
30th November 2020 Making Tax Digital for Income Tax – The next steps

As HMRC’s ambition to become one of the most digitally advanced tax administrations in the world continues so the way the tax system works to become more effective, more efficient and easier for taxpayers to get their tax right the next steps have been issued by HMRC.   Currently VAT-registered businesses with a taxable turnover…

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Millie Hunt
26th November 2020 Deferral of VAT payments

At the start of the pandemic, HMRC allowed businesses with a VAT liability falling due between 20 March and 30 June 2020 to defer their payment. Over half a million businesses benefitted from the measure, deferring more than £28 billion in VAT payments.   Originally, businesses were required to pay the deferred VAT in full…

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Emily Haines
25th November 2020 ‘Tis the season to be Zooming

It seems that HMRC have heard about our disappointment with Christmas parties being cancelled this year…   The Employment Income Manual EIM21690 has been updated to incorporate the news that virtual events can be included when considering the £150 per person benefit in kind exemption for annual functions.   The event should be an annual…

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Philip Peters
16th November 2020 Planned Large CapEx? HMRC extend Annual Investment Allowance

Those businesses that have large capital expenditure spends each year, such as manufacturers and farmers, will be aware that there has been a very generous capital allowances tax regime in recent years, currently allowing year 1 tax relief on eligible purchases up to £1m pa. This generosity was scheduled to be reduced wef 1 January…

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Ben Beech
2nd November 2020 Annual Investment Allowance (AIA) Decrease

The annual investment allowance (AIA) limit is currently due to decrease from £1 million to £200,000 from 1 January 2021. Many businesses will have deferred decisions about purchasing capital equipment this year as a result of the COVID-19 pandemic, leading to a number of professional bodies urging the Chancellor to postpone this decrease. However, it…

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