Limited Company Tax
How limited companies are taxed – including how to deal with Corporation Tax, VAT, Class 1 National Insurance, CGT, PAYE (Income Tax) and how to run your payroll.
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Business Asset Disposal Relief (BADR) – 10% tax on eligible business disposals
To encourage entrepreneurship in the UK, eligible individuals pay a lower 10% rate of Capital Gains Tax on the disposal of business assets, subject to a lifetime limit.
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Business rates, your limited company, and small business rate relief
What are business rates, and how does the small business rate relief scheme work? A guide for small limited company owners.
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Setting up a limited company payroll – the basics
One of a director’s most important tasks is to set up your company’s payroll – to pay salaries, and account for income tax and NIC liabilities.
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Corporation Tax – how to account for it as a limited company director
Corporation tax is charged on the profits of all UK-based companies, such as limited companies and foreign companies with offices or branches in th UK.
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Limited company dividend tax calculator (24-25)
Use this dividend calculator to work out how much tax you will pay on any combination of salary and dividends during 2024-25.
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Limited Company Corporation Tax Calculator (24-25)
Use this dividend tax calculator to work out how much tax you will incur on any combination of salary and dividends during 2024-25.
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Capital Allowances and your limited company
Capital allowances are a good way to reduce your company’s tax liability. We explore the AIA, WDA and other schemes, including Full Expensing.
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What is the Child Benefit High Income Charge?
If you (or your partner) earns £60,000 or more, your family is not eligible to receive the full state Child Benefits. Here we look at how this charge works.
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What is the Marriage Allowance and how do you claim it?
The Marriage Allowance enables an individual to transfer a portion of their personal allowance to their spouse or civil partner. If you are eligible, you can claim £252 during the 2022/23 tax year.
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What is a dividend waiver? Guide for limited company owners
What happens when a limited company shareholder waives the right to receive a dividend payment? How does HMRC regard the use of dividend waivers?
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How are limited company dividends taxed?
Limited companies may decide to distribute their retained profits to shareholders. It is a popular method of drawing down funds by directors. Here, we look at how dividends are taxed, and how to ensure that you declare dividends correctly.
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What is VAT, and do I need to register my company?
Almost every consumer in Britain pays it, and it’s a staple talking point during the Chancellor’s annual budget. But what exactly is VAT and do you need to register your limited company for it?