News & Press

What are tax-free benefits?Typically, when you provide your staff with non-cash benefits (often referred to as benefits-in-kind), such as a company car or private healthcare, it’s classed as part of their earnings and taxed accordingly. Your...

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...

Does your business undertake a significant amount of capital expenditure? If it does then it may be beneficial for you to take into consideration the timing of your purchases in order to claim certain tax reliefs.What are capital...

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...

A concern for many company directors of new UK company formations is making sure that they fulfil all the necessary tax requirements relating to the limited company formation. After you register a company you will be sent a CT41G form...

If you are a non-UK resident about to register a company in the UK, it may be worth contacting your Tax Consultants or a Chartered Tax Advisor for information and advice. There are many responsibilities that come with forming a company and,...

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...

The latest budget from the coalition government announced many changes for both individuals and companies alike in the UK. With many rules and regulations set to change, many Chartered Accountants in London will have to assess the changes to...