Taxation

Corporation tax is not only incurred by limited companies, it can also apply to other organisations such as:

• Members clubs, societies and associations
• Trade associations
• Housing associations
• Co-operatives

 And many more

The amount of taxation due can be minimised in many ways, examples include:

• Choosing the correct year end date for the business
• When to invest in new equipment and how to invest in the equipment given the tax reliefs available
• Research and development Claim
• Ensuring expenses allowable for business purposes are recognised
• Dividing a company’s operations into subsidiary companies
• Dealing with losses in the most tax efficient manner
• Calculation and filing of all returns in the right format and correct time period