Taxes

Welcome to our

Knowledge Base

Help, guidance and useful information about some of the key areas our Accountancy covers

Personal Tax Guidelines

A key benefit of running a limited company is the ability to tailor remuneration packages to suit personal needs, while remaining tax...

Buy-to-let Property

Buy-to-let property in the UK can be owned either by an individual, or by a limited company. Allowable expenses are deducted from rental...

Corporation Tax

When a UK limited company commences trading or a dormant company restarts trade, it must register for Corporation Tax. Requirements A...

Personal Tax Thresholds

The tax-free personal allowance is £12,570 (this is restricted when income exceeds £100,000). If you receive a salary from your company,...

Construction Industry Scheme (CIS)

Contractors operating in the construction industry, and using subcontractors, are required to register for the Construction Industry...

VAT

VAT (Value Added Tax) is an indirect tax that is added to most products and services sold by VAT registered businesses. Businesses must...

Incorporation and Corporate Actions

Incorporation is the legal process used to form a company. A limited company is a separate legal entity from its owners and recognised...