Planning ahead to make things easy.
Corporate tax planning is an important undertaking and – if done properly – can form an important part of your overall financial plans.
It can be tricky to make sure, however, that you fit your tax planning into the rest of your other business and financial objectives – rather than allow it to dictate them.
If you’re a limited company, you’ll have to submit a corporation tax return to HMRC every year – even if you haven’t made any profit, and don’t owe any tax. If you miss the deadline, you’ll be on the receiving end of a hefty fine. But it’s difficult to get right and can be complicated and time-consuming to work out, especially if you want to avoid paying too much tax.
That’s why when it comes to corporate tax planning, you’re better off leaving it to the experts. We’ve got the experience to take care of the whole process for you – from calculating your taxable profit, to preparing and filing your return. We’ll look at where you can claim relief and allowances to reduce your overall bill – exploring opportunities with things like R&D tax credits and business expenses – so that you don’t pay a penny more in tax than you need to. And, if HMRC have any questions, we can handle that too.