Tax Guides
How are small businesses taxed in the UK? We explore the various taxes you will encounter as a business owner – either as a sole trader or a limited company.
Key Guides
-
Limited company dividend tax guide
Here’s how company dividends are taxed, and how you calculate the amount of tax you need to pay on your dividends.
-
Limited Company Tax Calculator
If you’re a company owner, this useful calculator will work out your net profits, after allowing for expenses and tax.
-
Guide to National Insurance for small business owners
National Insurance is a deduction from earnings, set up originally to fund various State benefits such as the NHS, the State pension and other welfare-related schemes.
-
Sole trader tax guide for the self employed
In this guide, we look at the taxes you will encounter if you start your own business as a sole trader and other things you should bear in mind before taking the plunge and becoming…
-
Can your business claim the £5,000 Employment Allowance?
If you have employees, your business may be eligible to reclaim up to £5,000 of employers’ National Insurance Contributions from HMRC each year, thanks to the Employment Allowance.
-
What is Corporation Tax? Guide for small companies
If you set up a business via a limited company, your annual profits will be subject to Corporation Tax. Dealing with your corporation tax issues is one of your accountant’s key tasks. However, it is…