Business Motoring, Tax Aspects
This factsheet focuses on the current tax position of business motoring, a core consideration of many businesses.
Capital Allowances
The cost of purchasing capital equipment in a business is not a tax deductible expense. However tax relief is available on certain capital expenditure in the form of capital allowances.
Cash Basis for the Self-Employed
Small unincorporated businesses can calculate their profits for tax purposes on a cash basis rather than the normal accruals basis.
Companies, Tax Saving Opportunities
Pre-year end tax planning is an important consideration and this factsheet outlines some of the key areas.
Corporation Tax, Quarterly Instalment Payments
Under corporation tax self assessment large companies are required to pay their corporation tax in four quarterly instalment payments.
Corporation Tax Self Assessment
This factsheet explains the procedures for filing your company’s tax return and paying the tax due.
Fixed Rate Expenses
We consider the optional rules which allow the use of a ‘simplified’ fixed rate deduction instead of actual costs.
Homeworking Costs for the Self-Employed
If you are self employed and work from home this factsheet will summarise what homeworking costs you can claim for tax purposes.
Incorporation
Considerations when operating as a company on incorporation.
Off-Payroll Working
and Personal Service Companies. This factsheet summarises what situations are caught by the rules and the implications of the rules.
Research and Development
Research and development (R&D) by companies is being actively encouraged through a range of tax incentives, which we consider in the points below.
The Construction Industry Scheme
The Construction Industry Scheme sets out special rules for tax and national insurance for those working in the construction industry.
