Tax and HMRC guides
Plain-English UK guides on tax and hmrc for small limited companies, written and kept up to date by accountants.
All tax and hmrc guides
How to Reduce Your Corporation Tax Bill Legally
You reduce Corporation Tax by claiming every allowable expense and relief, not by hiding income. The main levers are expenses, capital allowances, pension contributions and, for some companies, R&D tax relief.
Tax and HMRCCapital Allowances for Micro-Entities and Small Companies
Capital allowances let a company deduct the cost of equipment from its profits. Most small companies can claim up to £1 million of qualifying spend in the year they buy it.
Tax and HMRCHow to Claim Expenses as a Limited Company
A limited company can claim costs that are wholly and exclusively for the business. You either pay them from the company account or reimburse yourself, and keep a receipt for each one.
Tax and HMRCDividend Tax Rates 2026/27 for Company Directors
For 2026/27 the dividend allowance is £500 and dividends are taxed at 10.75 percent in the basic rate band, 35.75 percent in the higher band and 39.35 percent in the additional band.
Tax and HMRCUK Tax Deadlines for Limited Companies 2026/27
A small limited company has recurring deadlines for accounts, Corporation Tax, VAT, payroll and confirmation statements. Missing any of them can bring automatic penalties.
Tax and HMRCHMRC Investigations: What Micro-Entities Need to Know
HMRC can check any company's tax returns. For ordinary errors it can go back four years, six for carelessness and twenty for deliberate behaviour. Good records are your best protection.
Tax and HMRCSection 24 Explained: Landlords and Property Companies
Section 24 stops individual landlords deducting mortgage interest from rental income and gives only a 20 percent tax credit. Limited companies are not affected, which is why many landlords look at a property company.
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