Tax

Good tax planning is essential for small businesses. Read our practical information on how business income is taxed, key business taxes and tax help

Understanding business property taxes can help you take advantage of tax reliefs and ensure you aren't caught out by unexpected charges. Our guide.

We've scoured the web to get you the most up-to-date advice which includes the most useful tools on offer from the officials themselves.

Being a self-employed sole trader can be a straightforward way to be in business - but you need to comply with your tax obligations. Our guide.

How VAT works for UK businesses, when to become VAT-registered, how to keep VAT records and how to complete a VAT return.

Complying with each and every tax rule can be complex. Our guide to what to do if you business faces tax problems or is visited by the tax inspector.

While nobody likes paying tax, the right approach to your self assessment tax return could save you time and reduce the amount of income tax you have to pay.

Effective planning can minimise your liability for capital gains tax by taking advantage of available allowances and reliefs. We explain your options.

Although it can affect your entitlement to some state benefits, effective tax planning may allow you to reduce your NI contributions. Our overview.

If you have employees, you'll almost certainly be required to operate PAYE to collect income tax and NI contributions. Our guide to the basics.

A guide to corporation tax for small businesses: current corporation tax rates and guidance on corporation tax returns, records and payments.

What research and development is eligible for tax relief and what costs qualify. What tax reliefs are available and how to make a claim

Annual Tax on Enveloped Dwellings (previously called Annual Residential Property tax) is payable on certain high-value, enveloped properties.

UK business rates, which are largely unavoidable, are a tax on non-domestic property and they vary depending where the premises are located.

Do you have to pay business rates if you work or run a side hustle from home? The answer is: it depends. Find out whether you could be liable for business rates.

Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.

A guide to capital gains tax rules for sole traders, partnerships and limited companies; advice on tax planning to save on CGT.

How to reduce company chargeable capital gains by offsetting capital losses; understanding capital allowances; how to pay less corporation tax.

The rules on corporation tax for UK limited companies including corporation tax deadlines and how to file a corporation tax return.

A guide to tax rules on employee benefits, including bonuses, commission, share schemes, childcare and employee gifts, and how they affect PAYE, payroll and P11D forms.

Understanding employee National Insurance and how to minimise Class 1 NI contributions for both employers and employees

Many businesses start out as part-time jobs or hobbies that develop into a business. It's possible to be employed and self-employed simultaneously.

HMRC expect you to file pay information accurately and on time - and employees also won't be happy if they aren't paid correctly. Managing payroll.

IR35 tax rules for UK contractors and freelancers: Seb Maley of Qdos answers questions on the new IR35 tax rules for contractors.

Pay is an important issue for you and your employees. Incentive pay can form a key part of that offer if you get your incentive pay scheme right.

Find out about how RTI penalties could apply to your business, depending on how many people you employ in each PAYE scheme, in this HMRC factsheet.

If you own a business, have property or have savings, personal tax planning can help you reduce your income tax bill, stamp duty and capital gains tax.

How to register for self assessment online, find your Tax Reference Number (UTR) and set up a personal tax account on the HMRC website.

Stamp duty land tax is payable on property and land purchases above certain thresholds; our guide explains stamp duty rates, stamp duty relief and stamp duty thresholds.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Tax investigations by HMRC are serious. We explain what to expect if you are investigated by HMRC and how to avoid a tax inspection.

If you have a tax problem, call HMRC. Whether you have a tax payment problem or not, it’s worth looking at ways to improve your cash flow management.

If you have employees, you are legally obliged to operate PAYE for any employee with an income above the lower earnings limit.

A guide to the best tax calculators and tool, including self assessment tax return calculators, NI calculators, income tax calculators, payroll calculators, company car tax calculators and VAT calculators.

A guide to the deadlines for registering for income tax self assessment with HMRC, filing your self assessment tax return and paying the tax you owe.

A guide to UK income tax allowances, including personal income tax allowances and dividend allowances as well as tax reliefs for employees and sole traders.

How to keep accurate VAT records and complete VAT returns under Making Tax Digital (MTD) rules.

Reduce your corporation tax liability using corporation tax reliefs and allowances including the annual investment allowance and other allowable expenses.

A guide to Private Residence Relief. Private residence relief allows homeowners to sell their homes without being liable for capital gains tax (CGT).

Everything you need to know about VAT: from keeping VAT records to completing VAT returns and complying with Making Tax Digital for VAT.

Tax breaks, tax reliefs and tax allowances for employers including employment allowance, Patent Box relief, business rates relief and annual investment allowance.

A corporation tax calculator can help you to estimate your corporation tax liabilities, but corporation tax calculations can be complex.

You need to ensure you are complying with any sector tax obligations. At the same time, there may be opportunities to reduce your tax costs.

Everything you need to know about UK tax codes, including how to find your tax code and how to change a tax code that's wrong.

Two income tax schemes, 'Cash Basis' and 'Simplified Expenses', are designed to make it easier for SMEs to manage their income tax obligations.

How to avoid paying tax penalties to HMRC, including penalties for late filing, keeping inaccurate records or making errors on your tax return.

Tax advice for UK employers: how to claim Employment Allowance and reduce the amount of employer’s Class 1 NICs you pay.

RDEC credits and why smaller companies might claim them. RDEC qualifying criteria, RDEC rates and how to make an expenditure credit claim

A guide to research and development grants, including information on government grants, how to apply for a grant and R&D Tax Credits.

Which companies are eligible for SME research and development tax credits, what costs you can claim and how to claim. How grants affect tax credits

How to minimise the amount of capital gains tax and stamp duty you pay when you buy, sell or restructure a business.

Tax planning can help you pay less tax, including personal tax, business taxes and inheritance tax.

What happens if your tax records are lost or destroyed? Keep HMRC informed if anything is going to prevent you from filing your tax return on time.

If you think you paid too much tax, you can claim a tax rebate. This guide tells you how to claim a tax refund as an employee, sole trader or business.

The Construction Industry Scheme (CIS) affects businesses involved in construction and some businesses which spend large amounts on construction.

Understand the rules if you want to employ a family member in your business; including rules on employing your spouse and employing your children.

Self assessment tax obligations when you have a second income from working as a freelancer, renting out property or selling items online.

It is possible to overpay your National Insurance contributions. Discover when and how you can claim a National Insurance rebate.

What's the most tax-efficient way to take money out of your limited company? Accountant Raphael Coman compares taking a salary with taking dividends.

If you borrow money from or lend money to your business, it is known as a directors loan. You must keep records of any directors loans in your company accounts.

What’s the most tax-efficient way to pay yourself as a business owner? Guidance and sample calculations to help you work out whether to take pay as a salary or as dividends from your limited company.