7 ways to reduce your corporation tax bill
All limited companies must pay corporation tax on the profits they make, but there are entirely legitimate ways to reduce the amount you pay says James Johnson, a partner at Hillier Hopkins
Accounting
The accounts section, brought to you in partnership with Sage, features in-depth guides and features for UK small businesses and start-ups needing advice on how to manage company accounts, including topics such as cash flow management, late payment, bad debts and bookkeeping.
All limited companies must pay corporation tax on the profits they make, but there are entirely legitimate ways to reduce the amount you pay says James Johnson, a partner at Hillier Hopkins
Accounting
Accounting
What is rateable value and how has it changed as of 1 April 2023? What you need to know if you want to appeal your rates bill
Accounting
Whether you pass the VAT threshold or register for VAT voluntarily, we explain everything you need to know about Value Added Tax
Accounting
Here, we break down a number of tactics business owners can use to extract profit from their business with one eye on tax-efficiency at all times.
Accounting
If I bought my car for £7,000 + VAT and use it 50/50 for business and personal use. How much can I claim back? I’m so confused.
Accounting
If your employer gives you a company car on top of your salary, you still have to pay tax on it. We look at the ways you can reduce your company car tax bill
Accounting
Self-employed paid £22bn in income tax in January – the biggest-ever figure since records began in 1999 and one-third higher since last year
Accounting
Tens of thousands of small businesses deliberately stay small to avoid charging VAT, which means you have to hike prices if you wander over the £85,000 threshold
Accounting
Self-employed paid £22bn in income tax in January – the biggest-ever figure since records began in 1999 and one-third higher since last year
Accounting
Tens of thousands of small businesses deliberately stay small to avoid charging VAT, which means you have to hike prices if you wander over the £85,000 threshold
Accounting
Treasury set to announce two-year delay to rolling out its Making Tax Digital system to the self-employed and microbusinesses earning over £10,000 from April 2024 to 2026
Accounting
Keeping on top of your accounts as a small business needn’t be a headache. With the right approach and tools, it can be incredibly useful. Little and often is the key, says Ryan Grundy
Accounting
What’s the difference between bookkeeping and accounting? Do you even need to do bookkeeping as a sole trader? Kate Gloudemans answers your questions
Accounting
50% discount for retail and hospitality business rates ends in March, just as inflation sends what companies have to pay soaring
Partner content
Employment benefits specialist, Drewberry, explain why you should base your benefits around a Total Reward Strategy
Partner content
HSBC - Advertising feature
Partner content
Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers
Partner content
We've teamed up with the Current Account Switch Service to explain the benefits of switching your business bank account.