3 ways to reduce corporation tax
If you are a director or owner of a company operating in the UK, you are liable to pay corporation tax. Corporation tax must be paid based on the company’s profits and on any gains from selling assets such as land, property, or shares. You will not receive a bill for corporation tax and your…
What can businesses expect from Rishi Sunak?
History has been made in the UK, after Rishi Sunak, who has become the youngest prime minster for more than 200 years, has been elected to fix the many mistakes made my Truss. Rishi Sunak, who is the UK’s third Prime Minister in seven weeks has been elected as the new Tory leader after winning…
A guide to 2020/21 dividend rates in the UK
All limited companies operating throughout the UK, regardless of their size, should be aware of the 2020/21 dividend rates in the UK. This is because there are a whole host of dividend tax rates that affect how much money you can take from your company in the form of dividends. Understanding dividend rates is crucial…
Are entertainment expenses tax deductible?
The World of Business Entertainment The world of business is not confined to one place. Whether it’s connecting with clients, thanking colleagues, or solidifying business relationships, stepping outside of the office environment can create valuable opportunities for growth. In fact, taking the time to engage with clients and colleagues outside the traditional work setting can…
