Tax

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

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

We've scoured the web to get you the most up-to-date advice which includes the most useful tools on offer from the officials themselves.

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.

How VAT works for UK businesses, when to become VAT-registered, how to keep VAT records and how to complete a VAT return.

Complying with each and every tax rule can be complex. Our guide to what to do if you business faces tax problems or is visited by the tax inspector.

While nobody likes paying tax, the right approach to your self assessment tax return could save you time and reduce the amount of income tax you have to pay.

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

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

A guide to corporation tax for small businesses: current tax rates, rules on tax returns and how to pay corporation tax.

What research and development is eligible for tax relief and what costs qualify. What tax reliefs are available and how to make a claim

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

Taking on your first employee is a big step for any business. This e-tutorial from HMRC will take you through the process of becoming an employer.

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

Do you have to pay business rates when you are working from home? The answer is: it depends. Find out which home businesses could be liable for business rates.

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

A guide to Capital Gains Tax rules for sole traders, partnerships and limited companies; advice on tax planning to save on CGT.

How to reduce company chargeable capital gains by offsetting capital losses; understanding capital allowances; how to pay less corporation tax.

Corporation tax guide for small business owners. How to calculate and pay corporation tax and minimise the amount of tax you have to pay.

The rules on corporation tax for UK limited companies including corporation tax deadlines and how to file a corporation tax return.

A guide to tax rules on employee benefits, including bonuses, commission, share schemes, childcare and employee gifts, and how they affect PAYE, payroll and P11D forms.

Understanding employee National Insurance and how to minimise Class 1 NI contributions for both employers and employees

Many businesses start out as part-time jobs or hobbies that develop into a business. It's possible to be employed and self-employed simultaneously.

IR35 tax rules for UK contractors and freelancers: Seb Maley of Qdos answers questions on the new IR35 tax rules for contractors.

Pay is an important issue for you and your employees. Incentive pay can form a key part of that offer if you get your incentive pay scheme right.

You are legally obliged to operate PAYE for any employee with an income above the lower earnings limit.

Find out about how RTI penalties could apply to your business, depending on how many people you employ in each PAYE scheme, in this HMRC factsheet.

HMRC expect you to file pay information accurately and on time - and employees also won't be happy if they aren't paid correctly. Managing payroll.

If you own a business, have property or have savings, personal tax planning can help you reduce your income tax bill, stamp duty and capital gains tax.

How to register for self assessment online, find your Tax Reference Number (UTR) and set up a personal tax account on the HMRC website.

Stamp duty land tax is payable on property and land purchases above certain thresholds; our guide explains stamp duty rates, stamp duty relief and stamp duty thresholds.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Tax investigations by HMRC are serious. We explain what to expect if you are investigated by HMRC and how to avoid a tax inspection.

If you have a tax problem, call HMRC. Whether you have a tax payment problem or not, it’s worth looking at ways to improve your cash flow management.

Key tax dates and deadlines for UK income tax payments; how to calculate the income tax you owe.

A guide to the deadlines for registering for self assessment with HMRC, filing your self assessment tax return and paying the tax you owe.

A guide to UK income tax allowances, including personal income tax allowances and dividend allowances as well as tax reliefs for employees and sole traders.

How to keep accurate VAT records and complete VAT returns under Making Tax Digital (MTD) rules.

Reduce your corporation tax liability using corporation tax reliefs and allowances including the annual investment allowance and other allowable expenses.

A guide to private residence relief. Private residence relief allows homeowners to sell their homes without being liable for capital gains tax (CGT).

Everything you need to know about VAT: from keeping VAT records to completing VAT returns and complying with Making Tax Digital for VAT.

This toolkit supports tax advisers by providing guidance on the errors often found in tax returns re capital allowances for plant and machinery.

This toolkit provides guidance to tax advisers and those completing a SA tax return on the common errors in relation to Capital Gains Tax for shares.

Tax breaks, tax reliefs and tax allowances for employers including employment allowance, Patent Box relief, business rates relief and annual investment allowance.

A guide to the best tax calculators, including NI calculators, income tax calculators, payroll calculators, company car tax calculators and VAT calculators.

A corporation tax calculator can help you to estimate your corporation tax liabilities, but corporation tax calculations can be complex.

If your company is liable for corporation tax, you need to keep adequate records to complete your company tax return. Here's a good HMRC guide.

You need to ensure you are complying with any sector tax obligations. At the same time, there may be opportunities to reduce your tax costs.

Everything you need to know about UK tax codes, including how to find your tax code and how to change a tax code that's wrong.

How to pay your tax bill: a guide to paying the tax you owe to HMRC, including online payments, paying by cheque, paying by direct debit and paying tax via your bank.

Two income tax schemes, 'Cash Basis' and 'Simplified Expenses', are designed to make it easier for SMEs to manage their income tax obligations.

How to avoid paying tax penalties to HMRC, including penalties for late filing, keeping inaccurate records or making errors on your tax return.

Working from home? What expenses can you claim when you are self-employed and work from home? Our FAQs answer all your questions on allowable expenses.

UK dividend tax rates and allowances. Discover what your personal dividend allowance is and what you will pay on dividend income over this amount.

Tax advice for UK employers: how to claim Employment Allowance and reduce the amount of employer’s Class 1 NICs you pay.

This toolkit helps business owners renting property to complete tax returns correctly.

Visit the HMRC website for guidance and tools to help you understand what to do when paying an employee for the first time under the RTI system.

RDEC credits and why smaller companies might claim them. RDEC qualifying criteria, RDEC rates and how to make an expenditure credit claim

A guide to research and development grants, including information on government grants, how to apply for a grant and R&D Tax Credits.

Which companies are eligible for SME research and development tax credits, what costs you can claim and how to claim. How grants affect tax credits

Sole trader vs limited company. We look at the pros and cons of each business type and find out when to turn a sole trader business into a company.

A guide to all the UK tax year dates and tax return deadlines for taxpayers and businesses.

How to minimise the amount of Capital Gains Tax and Stamp Duty you pay when you buy, sell or restructure a business.

Tool to help self-employed businesses use fixed rates (‘Simplified Expenses’) to calculate how much to claim with mixed business and private use.

Tax planning can help you pay less tax, including personal tax, business taxes and inheritance tax.

What happens if your tax records are lost or destroyed? Keep HMRC informed if anything is going to prevent you from filing your tax return on time.

If you think you paid too much tax in a previous tax year, use this HMRC tool to claim a tax rebate.

The Construction Industry Scheme (CIS) affects businesses involved in construction and some businesses which spend large amounts on construction.

You make money selling your old stuff on eBay but do you have to pay tax on the money you make?

This toolkit supports tax advisers by providing guidance on the errors often found in tax returns re capital allowances for plant and machinery.

Paying National Insurance contributions entitles you to certain state benefits such as a state pension. Check if you have enough years to qualify.

This calculator can help employees decide if it’s worth continuing to take childcare vouchers or if alternative help is available.

Use this HMRC tool to find out how to claim a National Insurance rebate.

Self assessment tax obligations when you have a second income from working as a freelancer, renting out property or selling items online.

When a company car or van or fuel for private use is made available to an employee, there is deemed to be a benefit in kind - which means you pay tax on it.

Self-employed people can claim certain expenses. Use this e-learning guide to find out which expenses are allowable when filing your tax return.

You can visit the HMRC website to use a handy online tool to check whether employees have paid too much income tax under the PAYE scheme.

Watch this HMRC video which explains how you can claim allowable expenses off your taxable profit for the year on your self-assessment tax return

Check your payslips show the right information, including tax and NI deductions on the UK Tax Calculators website.

What's the most tax-efficient way to take money out of your limited company? Accountant Raphael Coman compares taking a salary with taking dividends.

Tax rules when employing a family member in your business; including rules on employing your spouse and employing your children.

National Insurance overview for employers to help minimise National Insurance Contributions (NICs) and understand National Insurance rates and allowances.

The HMRC directors' loan accounts toolkit can help anyone completing a company tax return to avoid the common mistakes relating to directors' loan accounts.

Guidance for business owners on how to pay yourself a salary and take dividends from your limited company while minimising tax.