There is one main rate of corporation tax of 19%. The corporation tax rate is to reduce to 17% from 1 April 2020.

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Forming a limited company

Although you can set up a limited company by buying a company online or 'off the shelf', it is...

Buying a company 'off the shelf'

If time is an important factor, you can consider buying a ready-made company. The procedure will...

Company bonus or dividend?

In many small companies, the owners are also the directors, and this gives importance to how income...

The tax system for companies

How the tax system works for companies.

Getting the company struck off

A private company (not subject to insolvency proceedings) can apply to the Registrar of Companies...

Pros and cons of limited companies

We are often asked, 'Should I form a limited company?' The reality is that there is no easy answer...

Statutory records

It is essential that you keep your company's statutory records up-to-date. Do not underestimate the...

Tax-saving strategies

Expenditure incurred before the company year-end might reduce the current year's tax liability...

The company secretary

The position of company secretary in a private company is now optional. Thus a company can operate...

The law and directors' responsibilities

Who is a director and what are their legal responsibilities?

Companies Act

The Companies Act comprises approximately 1,300 sections.

Tax and the company car

Details of how the tax system charges tax on a company car.

Interest and tax payments

HMRC charge interest on underpayments of tax, and pays interest (repayment supplement) on...

Companies House - forms you need to know about

There are over 100 company-related forms prescribed. We list below these and include a link to all...