News & Press

Does my company have to pay Corporation Tax?Unlike sole traders or partnerships that pay income tax on any profits they generate, if you’re trading as a limited company, a club or cooperative, or if you’re an international business with an...

If you are about to register a company, or have already completed your company formation, it is important to understand the different types of tax you are required to pay. It can be a complicated area of running a business and Chartered Tax...

Just like with individuals, if a company purchases an asset and then sells/disposes of it, then any gain from the disposal may be liable to tax. Instead of capital gains tax (which is the case for individuals), for companies, this comes in...

If your company/business makes profits that are liable to UK Corporation Tax, then as a director, it will be your responsibility to ensure that you pay this to HMRC on time. This article will provide advice on how you can plan ahead to pay...

It is important to be aware of UK tax obligations before you register a company.  It is beneficial for those who aren’t as familiar with UK tax to contact a Chartered Tax Advisor or Tax Accountants. The first concern is usually Corporation...

One of the most important considerations when incorporating a new company is to fulfill the necessary tax requirements. For this reason tax consultants play a vital role in ensuring that their clients are paying the correct but lowest amount...

There is often much confusion about whether or not your business should register for VAT. There is a threshold of £79,000 for taxable turnover which requires a business to register for VAT by law, but many businesses with a taxable turnover...

Most businesses offer some form of entertainment for their staff as a normal part of business operations to reward, incentivise or encourage their employees. The tax issues in this area are often misunderstood, resulting in many questions,...

In recent years, the UK Government and Mr Osborne have been trying to encourage more first time buyers to step onto the property ladder. One of the main ways in which they are aiming to achieve this is to increase the supply of housing...

No one likes the thought or process of dealing with a tax enquiry from HMRC, whether in relation to the tax affairs of their business or on an individual basis. Whilst a small number of tax enquiries are still random checks (especially in...

All businesses face tax challenges but within certain sectors there are specific issues that are very common across many firms. The bio-tech sector is one in which there are a number of such common themes including the need to raise funds,...

Most taxpayers are familiar with the Self-Assessment system which HM Revenue and Customs (HMRC) uses to collect Income Tax from individual taxpayers. This system has been in place for many years in order for the Government to collect taxes...