48 articles tagged with Corporation Tax.
AIA gives 100% first-year relief on up to £1m of plant and machinery. How to time purchases around your accounting year, pool interactions, and group company rules.
The R&D merged scheme replaced SME R&D and RDEC from April 2024. RDEC rate is 20% (net 15%), ERIS gives loss-making R&D-intensive SMEs 27% net benefit. What qualifies and how to claim.
How to structure your director salary and dividends for maximum tax efficiency in 2026/27 -- with worked examples using current NI thresholds and dividend tax rates.
How to claim UK trading loss relief in 2026: offset against same-year income, carry back one year (three years for terminal losses), carry forward unlimited, and loss buying restrictions.
Buying a UK franchise for £20,000-£30,000? On £60,000 annual profit, a limited company structure can save a franchise owner over £1,500 a year in tax versus trading as a sole trader.
An interim finance director on £700/day across a 6-month engagement (£91,000) nets around £60,140 outside IR35 versus £55,855 inside — a £4,285 gap, with interim roles typically carrying higher inside-IR35 risk than standard contracting.
IT contractors on £500/day (£115,000/year) take home roughly £71,000 outside IR35 versus £67,700 inside — a £3,300 gap once employer NI and marginal relief are correctly accounted for. Full test-by-test breakdown.
A self-employed management consultant on £600/day takes home roughly £13,000 more per year working genuinely outside IR35 than inside via umbrella. Full worked example plus the deliverables-vs-control test that decides your status.
Freelance structural engineers working through their own limited company face Corporation Tax, salary/dividend planning and IR35 risk on site-based contracts. Full worked example on £90,000 revenue shows exactly what's left after tax.
An explainer on why corporation tax remains reserved to Westminster while income tax is devolved to Scotland in 2026/27, and what this means for businesses comparing Scottish and rUK tax treatment.
Why charities set up trading subsidiaries for non-primary-purpose trading, how Gift Aid from the subsidiary reduces Corporation Tax to nil, plus VAT and business rates points.
How Community Interest Companies are taxed in the UK: Corporation Tax rules, the asset lock, dividend cap, and how a CIC compares to a charity or standard limited company.
Shareholder protection pays out on death or critical illness to fund a share buyout. Cross-option agreements, business trust structure, CGT, IHT BPR, and tax deductibility explained.
How alphabet shares work for UK company directors in 2026: directing dividends to lower-rate spouses, anti-avoidance risks, the Arctic Systems case and safer alternatives.
Learn how to calculate your break-even point as a UK small business owner in 2026, with worked examples for a cafe, consultant, and product business.
How to time capital purchases under the Annual Investment Allowance in 2026/27 to maximise relief, manage year-ends and avoid wasting your AIA limit.
A plain-English guide to ATED for 2026/27 - who must file, how the company property charge works, the reliefs that wipe it out, and the deadlines to know.
How director's loan account tax works in 2026/27: the section 455 charge, beneficial loan benefit-in-kind, repayment, write-offs and how to stay compliant.
How to keep a dormant UK limited company compliant in 2026/27 - dormant accounts, confirmation statement, HMRC dormancy and the deadlines and fines to know.
Should your UK business lease or buy equipment in 2026/27? Compare cash flow, capital allowances, VAT and Corporation Tax to find the cheaper option.
How a relevant life policy gives directors and employees tax-efficient life cover in 2026/27, with costs, eligibility and how it beats personal cover.
How rent-to-rent works in the UK, the contracts and consents you need, and how the income is taxed for 2026/27 income tax, NI and Corporation Tax.
How a Welsh limited company director should split salary and dividends in 2026/27 to cut tax. Thresholds, NI, dividend rates and a worked example.
ATED 2026/27 rates for companies owning UK residential property over £500,000: charges from £4,150 to £269,450, key reliefs for rental/development/commerce, and 30-day return filing rules.
Learn how employer pension contributions qualify for corporation tax relief in 2026/27, cutting your tax bill while boosting staff benefits.
MVL lets you close a solvent company and extract retained profits as capital at 14% BADR rather than 33.75%+ dividend tax. Learn the rules, costs, and TAAR anti-avoidance.
MGETR gives museums and galleries up to 45% tax credit on qualifying exhibition costs. Eligibility, rates and how to claim in 2026.
The S455 charge of 33.75% applies to overdrawn director's loan accounts at the company year end. Learn repayment rules, the 30-day bed-and-breakfasting rule, and write-off consequences.
Theatre Tax Relief gives qualifying theatrical productions a 45% (touring) or 40% (non-touring) above-the-line tax credit. How to claim and what qualifies.
How UK game studios claim the Video Games Development Relief tax credit after the April 2024 reform, eligibility, rates and claiming process.
Everything limited companies need to know about the 19% small profits rate, 25% main rate, and marginal relief calculations for 2026/27.
How the April 2023 merger of the SME and RDEC schemes affects your R&D tax credit claim in 2026, including the new ERIS for R&D-intensive SMEs and mandatory advance notification.
Buying or selling a UK business? Asset and share purchases create very different tax outcomes for buyers and sellers. This guide covers SDLT, BADR, goodwill, and more.
Corporation tax marginal relief explained for 2026/27 -- small profits rate 19%, main rate 25%, the 3/200 fraction, and associated company rules.
Overdrawn director loan accounts trigger 33.75% S455 corporation tax if not repaid within 9 months. Learn the rules, the traps and the best clearing strategies for 2026/27.
MVL lets solvent company directors extract reserves as capital rather than income, qualifying for Business Asset Disposal Relief at 18% CGT in 2026/27.
Overdrawn director loan accounts trigger a 33.75% S455 charge if not repaid within 9 months of year-end. BIK on loans over GBP 10,000. Full UK 2026 guide.
Everything UK directors need to know about loan accounts in 2026/27 -- S455 tax at 33.75%, repayment deadlines, write-off rules and HMRC traps to avoid.
Personal landlords pay up to 40% or 45% income tax with mortgage interest only a 20% credit, while a company pays 19% Corporation Tax to GBP 50,000. Here is how the two structures compare on a worked GBP 12,000 rental profit.
Profits between GBP 50,000 and GBP 250,000 are taxed at an effective marginal rate of 26.5% in 2026/27 thanks to marginal relief and the 3/200 fraction. Here is how the calculation works with a worked example.
When two people run a business, the structure decides how profit is taxed. Compare a general partnership using two GBP 12,570 allowances against a limited company paying Corporation Tax at 19% to 25% and dividends taxed from 10.75%.
The UK Digital Services Tax explained -- the 2% charge on revenues of large digital platforms, who it applies to, revenue thresholds, calculation method, and the outlook for DST's future.
Group relief lets profitable UK companies absorb losses from fellow group members. Learn the 75% ownership test, how surrenders work, consortium relief and the marginal relief interaction.
A complete guide to the UK Patent Box regime -- the 10% Corporation Tax rate on qualifying IP profits, eligible patents, the nexus approach, streaming calculation, and interaction with R&D tax credits.
Setting up a limited company in the UK costs £50 at Companies House and takes under 30 minutes online. But there are tax, accounting and compliance obligations you need to know before you start. Here's the complete 2026 guide.
Sole trader vs Ltd company UK 2026/27: tax comparison at £30k–£100k profit, crossover points, accountancy costs, and a full £80k scenario breakdown.
Overdrawn DLA triggers a 35.75% S455 charge and a Benefit in Kind. Here's exactly how the rules work, with worked examples and the cheapest way to clear it.
Section 24 has made personal buy-to-let more expensive for higher-rate taxpayers. But does a limited company actually save you money after corporation tax, extraction costs, and higher mortgage rates? A full 2026 comparison.
