27 Mar 2019 | Publication, Business Tax for Companies Guide, Business Tax for Sole Traders/Partnerships Guide, Farming & Agriculture Guide
General overview Entrepreneurs’ relief (ER) provides relief for disposals by smaller business owners. It results in a tax rate of 10% on the disposal. The relief is available on material disposals of business assets which covers businesses operated as a sole...
27 Mar 2019 | Publication, Business Tax for Companies Guide, Business Tax for Sole Traders/Partnerships Guide
This guide covers some Business Tax Planning suggestions: Corporation tax The main rate of corporation tax is 19% until 31 March 2020. From 1 April 2020 this rate reduces to 17%. Corporation tax self-assessment requires companies to work out their own tax liability as...
13 Mar 2019 | Publication, Business Tax for Companies Guide, Year End Business Tax Planning Guide
Getting started If you are thinking of starting a business, you should consider, among other factors: the nature of the business, the demand for the service or product, the state of the economy, the availability of suitable funding, your break-even, the profit...