HMRC Corporation Tax Explained

Corporation tax Corporation tax is charged on a company’s profits. If you trade as a limited company, you’ll want to ensure that paying corporation tax is as painless as possible – both in terms of paperwork and the total corporation tax payable.In terms of corporation tax rates, the UK rate is relatively low – significantly…

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HMRC Tax Codes

HMRC Tax codes explained \r\n If your tax code is wrong, you could be paying too much tax \r\nPAYE (pay as you earn) is a system where tax is deducted directly from your earnings or company/private pension before you receive any money.\r\n\r\nHMRC gives your employer or pension provider a tax code to show how much…

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How to register as Self Employed

\r\n How to register as self employed \r\n \r\n \r\n\r\nThe simplest way to start a business in the UK is to become self employed. This is also commonly referred to as becoming a sole trader.\r\n\r\nThere is minimal paperwork to take care of, and you don’t have to pay any company formation costs. However, you do…