Accounts & Tax

How can I reduce corporation tax?

There are over 1,000 different tax reliefs available to business owners. Stephen Edwards narrows it down to seven key ways you can reduce corporation tax

Accounts & Tax

Rishi Sunak eyes hiking corporation tax even higher to 25%

Doing so would raise around £20bn for the Covid-battered British economy but could hurt small businesses emerging from the rubble

Accounts & Tax

Rishi Sunak weighs increasing corporation tax to 24%

Business groups dismayed by Treasury move to hit small business with 5% corporation tax increase to help repay Covid debt

Accounts & Tax

Accountants alarmed by schoolboy howler in Labour manifesto for SMEs

Labour doesn’t understand difference between turnover and profit, say accountants, as Labour argues for corporation tax to kick in for small business with turnover in excess of £300,000

Accounts & Tax

Ways to cope with corporation tax

Corporation tax can cause a big headache for SMEs. Read our guide on how to pay HMRC its tax on the wealth you create.

Management

UK businesses owe £1.8 billion in late corporation tax

Businesses are increasingly struggling to pay their bills after corporation tax payments in arrears rises.