Tax

If you're in business, paying tax is unavoidable - but it doesn't have to be painful. Read about rates, reliefs and what to do if you're investigated.

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Tax - overview

Good tax planning is essential for small businesses. Read our practical information on how business income is taxed, key business taxes and tax help

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Property taxes - overview

Understanding business property taxes can help you take advantage of tax reliefs and ensure you aren't caught out by unexpected charges. Our guide.

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Self-employment - overview

Being self-employed as a sole trader can be a straightforward way to be in business - but you need to comply with your tax obligations. Our guide.

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VAT - overview

Our overview of how VAT works, when you might need to (or choose to) become VAT-registered and what your obligations will be if you do.

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Tax self-assessment - overview

While nobody likes paying income tax, the right approach to your tax return will minimise aggravation and can reduce the amount you end up paying.

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Capital gains - overview

Effective planning can minimise your liability for capital gains tax by taking advantage of available allowances and reliefs. We explain your options.

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National Insurance - overview

Although it can affect your entitlement to some state benefits, effective tax planning may allow you to reduce your NI contributions. Our overview.

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Payroll and benefits - overview

If you have employees, you'll almost certainly be required to operate PAYE to collect income tax and NI contributions. Our guide to the basics.

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Corporation tax - overview

Corporation tax is charged on taxable profits including trading profits and most investment profits as well as capital gains. What you need to be aware of.

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Annual Tax on Enveloped Property

Annual Tax on Enveloped Dwellings (previously called Annual Residential Property tax) is payable on certain high-value, enveloped properties.

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Business rates

UK business rates, which are largely unavoidable, are a tax on non-domestic property and they vary depending where the premises are located.

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Business rates and working from home

If you work from home, you may be liable for business rates for the part of your home you use for work - in addition to council tax on the rest.

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Business tax planning

Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.