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. If you’re struggling to get…
Are entertainment expenses tax deductible?
The world of business is not confined to one place. And it’s not uncommon for clients to want to connect with or thank their colleagues or clients outside of the office. For many businesses, entertaining clients and customers is part and parcel of their marketing strategy. So it’s common practice for companies of all shapes…
