Business Rates UK: Reliefs, Costs & Compliance
Business rates are one of the most significant fixed costs for UK businesses occupying commercial property. They are a local tax charged on most non-domestic premises, such as offices, shops, warehouses, and factories, providing critical funding for local authorities. Despite being a well-established tax, business rates remain complex, with rules on calculation, reliefs, and compliance […]
Land & Buildings Transaction Tax Guide
Land and Buildings Transaction Tax (LBTT) is Scotland’s property transaction tax. It replaced Stamp Duty Land Tax (SDLT) in Scotland on 1 April 2015 under the Scotland Act 2012. LBTT is administered and collected by Revenue Scotland. Registers of Scotland (RoS) handles property registration and will not register a land transaction unless the LBTT return […]
Council Tax UK: Bands, Rates & Reliefs
Council Tax is the UK’s primary local taxation for domestic properties. It funds core local services including waste collection, social care, education, policing, fire and rescue, transport, and environmental services. Responsibility for Council Tax is devolved: England, Scotland, and Wales operate broadly similar systems with important differences in rules and reliefs, while Northern Ireland uses […]
Stamp Duty Land Tax UK: Rates, Reliefs & Rules
Stamp Duty Land Tax (SDLT) is a transaction tax charged in England and Northern Ireland on the purchase or transfer of land and property. It applies to both residential and non-residential property and is a core part of the UK tax system for individuals, businesses, investors, and corporate bodies acquiring land interests. While SDLT is […]
Inheritance Tax UK: Thresholds, Reliefs & Planning
Inheritance Tax (IHT) is one of the most significant taxes affecting individuals, families and business owners when passing on wealth. It is charged on the value of a person’s estate at death and, in some cases, on certain lifetime gifts. Despite its impact, many people underestimate how IHT works, who pays it, and the opportunities […]
VAT (UK) 2025: Rates, Registration, Returns & Penalties
What this article is about: This guide explains UK VAT from an employer and finance lead perspective, covering how VAT works, when to register and deregister, rates and schemes, invoicing and tax points, Making Tax Digital, cross-border rules, penalties (current post-Jan 2023 regime), and practical compliance controls. It reflects the £90,000 registration threshold (from 1 […]
Capital Gains Tax UK: Rates, Reliefs & 60-Day Rules
Capital Gains Tax (CGT) is the tax you pay on any profit (the “gain”) arising from the sale or disposal of an asset that has increased in value. In the UK, Capital Gains Tax applies to a wide range of chargeable assets, including property, shares, business assets and certain personal possessions, and can be […]
Pay Corporation Tax: A Step-by-Step Guide
Timely, accurate payment of Corporation Tax is a core compliance duty for UK companies. Directors and finance leads are responsible for ensuring the right amount is calculated, cash-flowed, and paid by the correct deadline using the correct reference. Getting this right avoids interest costs, protects governance standards, and keeps HMRC interactions straightforward. What this article […]
Step-by-Step: Register for Corporation Tax
New UK companies must register for Corporation Tax when they become active. HMRC treats a company as active when it starts doing business activities such as buying or selling goods or services, advertising, employing staff, renting property, earning bank interest or managing investments. Registration is not the same as incorporation. Companies House creates the company, […]
UK Company Tax Return Guide
Compliant, accurate company tax returns are a core legal duty for every incorporated business in the UK. For business owners and finance directors, getting the CT600 right and filed on time protects cash flow, reduces risk, and avoids HMRC penalties or enquiries that can drain management time. Errors or missed deadlines can lead to automatic […]
Corporation Tax in the UK: A Guide for Businesses
Compliance with UK corporation tax regulations helps businesses optimise financial strategies while avoiding penalties and legal issues. The UK’s tax landscape is characterised by a range of reliefs, incentives, and compliance requirements that businesses must navigate to minimise tax liabilities and avoid penalties. While the tax rates and rules can seem daunting, understanding the underlying […]
CT600 Guide: UK Company Tax Return
What this article is about: This guide explains the CT600 company tax return, which every UK limited company within the charge to Corporation Tax must file. It covers what the CT600 is, who needs to complete it, deadlines, penalties, allowances and reliefs, and how to stay compliant with HMRC. Section A: Understanding the CT600 […]
Comprehensive Guide to UK Business Tax 2025
Compliant and effective management of your business tax obligations will help you avoid hefty fines and penalties and provide a stable foundation for your organisation’s financial health. This comprehensive guide aims to demystify the various business taxes in the UK. From Corporation Tax to the Construction Industry Scheme (CIS) and from Capital Gains Tax to […]
National Insurance UK: Full Guide 2025/26
National Insurance (NI) is a system of contributions paid by workers and employers in the UK to fund specific state benefits. These include the State Pension, statutory sick pay, maternity pay, and other social security benefits. Unlike income tax, which is used for general government spending, NI specifically supports the welfare and social protection structure. […]
Income Tax Guide for UK Companies & Individuals
Understanding income tax is essential for anyone earning or managing money in the UK, whether as an individual, sole trader, or business owner. The UK’s income tax system is broad and complex, with various rules, rates, and reliefs depending on how income is earned and who is receiving it. This comprehensive guide provides a clear […]
UK Employment Taxes: A Guide for Employers
Employment taxes in the UK encompass a range of different types of taxation and deductions that employers are legally required to manage on behalf of their employees. As an employer or payroll manager, understanding these taxes is essential not only to ensure compliance with UK law but also to avoid potential penalties and financial discrepancies […]
Understanding UK Taxes for Expats and Non-Doms
Expats and non-doms are currently subject to specific tax rules and treatment in the UK. This is because an individual’s obligation to pay personal taxes in the UK is primarily influenced by their tax residency and domicile status. Other significant factors include the location of their assets (where they are situated for tax purposes) and […]
Inheritance, Trusts & Estate Planning: UK Tax Guide
Effective estate planning can help ensure your wealth and assets are distributed according to your wishes while minimising tax liabilities and preventing potential legal disputes. Understanding the specific tax implications and legal requirements surrounding inheritance and trusts is essential to making informed decisions and optimising your estate plan. In this comprehensive guide, we take an […]
Claiming Capital Allowances
Capital allowances in the UK allow businesses to claim tax relief on certain purchases, to reduce tax liability while allowing the business to benefit from the capital investment. Understanding what constitutes qualifying expenditure and what this means in terms of tax savings can make a real difference to your business. However, the capital allowances regime […]
Guide to Paying Corporation Tax in the UK
Corporation tax is a tax levied on the profits of companies operating in the UK. It’s a fundamental component of the UK tax system and a significant source of revenue for the government. Companies, including limited companies, foreign companies with UK branches, and certain unincorporated associations, are liable to pay corporation tax on their profits. Understanding how corporation tax works, including the […]