Corporation Tax

03
Apr
What Is the UK's Global Minimum Tax and Who Is Affected?

What Is the UK's Global Minimum Tax and Who Is Affected?

The UK's Global Minimum Tax (Pillar Two) ensures large multinationals pay at least 15% tax on profits in every jurisdiction. Who is affected and what it means.
2 min read
10
Mar
How to Handle Late Payment of UK Corporation Tax

How to Handle Late Payment of UK Corporation Tax

What happens if you pay Corporation Tax late — interest, penalties, and how to set up a Time to Pay arrangement with HMRC.
2 min read
07
Mar
What Is a Director's Loan Account and the Tax Implications?

What Is a Director's Loan Account and the Tax Implications?

A director's loan account tracks money owed between a director and their company. Overdrawn accounts trigger Section 455 tax and benefit-in-kind charges.
2 min read
26
Feb
What Is the Research and Development Expenditure Credit (RDEC)?

What Is the Research and Development Expenditure Credit (RDEC)?

RDEC is the R&D tax credit available to large companies and some SMEs. How it works, the 20% credit rate, and how to claim from April 2024.
2 min read
09
Jan
How to Reduce Your Corporation Tax Bill Legally

How to Reduce Your Corporation Tax Bill Legally

Legal strategies for UK limited companies to reduce their Corporation Tax liability — allowances, reliefs, timing, and director remuneration.
2 min read
19
Dec
Understanding Research and Development (R&D) Tax Credits

Understanding Research and Development (R&D) Tax Credits

UK R&D tax credits reward innovative companies with enhanced deductions or cash payments — find out who qualifies and how to claim.
2 min read
04
Nov
Corporation Tax in the UK: What Small Businesses Need to Know

Corporation Tax in the UK: What Small Businesses Need to Know

A practical guide to UK Corporation Tax for small businesses — rates, payment, reliefs, and what HMRC expects from your company.
2 min read