The UK has one of the most complex tax systems in the world for companies with an array of taxes and regulations for businesses to comply with, including;

• Corporation tax – paid on the company’s profits
• VAT – Collected and paid on the businesses sales and purchases
• National Insurance – paid by employers and employees on wages
• PAYE – Income tax and National Insurance collected by employers from wages
• CIS – Construction Industry Scheme – Impacts contractors and subcontractors
• IR35 – Impacts people working for a limited number of clients for example freelancers and consultants

How we can help

Manage the paperwork

• Registration with HMRC
• Calculation of taxes due
• Preparation of tax returns
• Filing of tax returns
• Dealing with HMRC enquiries
• CIS – Construction industry for contractors and subcontractors

Save tax legitimately

• Financing Structure – Debt vs Equity
• Remuneration Structure – Salary vs Dividends
• Capital Allowances and Capital Gains
• Incorporation: Sole Trader vs Limited Company
• Tax Losses – use past losses to reduce future taxes paid
• IR35 considerations