The cost of making profit

All limited companies registered in the UK must pay Corporation Tax on their profits. It is usually a substantial cost, and businesses of all sizes are eager to minimise their tax liability.

Compliance requirements continue to mount, as always. But small businesses are especially affected by recent tax rate changes, making Corporation Tax more complicated and more expensive for both business and owner.

Getting expert tax advice will help you manage these issues and become as tax-efficient as possible.

Together – Proactive – Impactful

Our Service

Our Corporation Tax service specialises in supporting small businesses across many industries.

We appreciate that the tax affairs of owners are tied to those of their small business, and we understand how important it is for small businesses to not only meet their Corporation Tax obligations, but to also succeed, profit and grow.

Our tax service addresses all these priorities and offers much more than simply filing tax returns and completing routine compliance.

We’ll work tirelessly to get to know your business and goals.

We’ll plan your taxes around your business plan and performance, identifying strategies that maximise overall profit extraction for both business and owner.

And we’ll advise you throughout the fiscal year – and indeed your business’ lifecycle – on the tax implications of the decisions you face.

Corporation Tax Rates

Rate Profit %
Small profits £0 to £50,000 19%
Marginal £50,001 to £250,000 26.5%
Main more than £250,000 25%

Partnering

We go to great lengths to get to know you and build a strong, trusted relationship. We’ll develop a thorough understanding of your business, ambitions, stakeholders, risk appetite, and wider economic environment.

By meeting with you regularly throughout the accounting year (not just at the start and end), we’ll advise on developments and decisions as they arise, and keep you informed of upcoming changes in tax laws.

4 piece jigsaw puzzle being assembled
Close up of financial reports being discussed

Tax planning

We offer tax planning that isn’t limited to an annual formality, but forms part of a continuous, strategic approach that takes account of your other taxes, business decisions, and changing circumstances.

This ongoing planning gives you greater control over your tax position, allowing you to track your liability, assess the impact of changes in your trading conditions and make informed decisions. It also helps you avoid any nasty surprises.

Tax bill

We’ll advise you on how to reduce your tax bill legitimately through tax reliefs, remuneration strategies and optimising your organisational structure.

This includes managing the tax positions of both the company and owner to achieve the best overall tax outcomes.

Receipt being pulled from a till

What’s included?

  • Corporation Tax returns & compliance

  • Statutory accounts under UK GAAP & IFRS

  • iXBRL services

  • Comprehensive tax planning

  • Tax-efficient organisational structuring

  • Remuneration planning

  • Optimised profit extraction

  • Capital allowances

  • Disposals and acquisitions

  • Tax reliefs and allowances

  • Trading losses

  • Property taxation

  • Ongoing support & tax advice

  • Acting as your agent with HMRC

Together – Proactive – Impactful

Why Choose Us?

Call us today on 0203 576 6000 or send an email

Together – Proactive – Impactful

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