Corporate tax planning

Corporation Tax is paid by limited companies on their profits at varying rates, according to the amount of profit the company makes. When your company makes a profit Corporation Tax will be payable but maybe at 19% or even 30%.

However, there are ways of minimising this liability which can be done with a little forward thinking, particularly if your profits are likely to be just around the areas where we want to avoid hitting the next tax rate. The actual calculation can be a little complicated, particularly if you fall in the areas which qualify for marginal relief.

We can help you with your obligations to Corporation Tax and ensure that you submit the return within the specified time limit.