Corporate Tax
If you run a business, you’ll know that operating tax-efficiently should be close to the top of your priority list. This is because mistakes in tax liability calculations can cause significant issues further down the line, costing you both money and time.
Corporate tax efficiency, compliance, and clarity
Corporate tax is constantly evolving, and we’re here to help you stay ahead, fully compliant, tax-efficient, and structured for commercial success.
Drawing on our deep expertise with owner-managed businesses, we provide seamless support to business owners to have complete confidence in their corporate tax position. Our corporate tax services include:
More than just tax compliance
To minimise liabilities and reduce the risk of error, it’s essential to work with a corporate tax specialist to develop the right tax strategy. This tax strategy will be suited to the needs and goals of your organisation and help it to grow efficiently over time.
It’s crucial to ensure your business is not only tax-efficient but also tax-compliant. By outsourcing corporate taxation services, you can access a team of specialists who can provide advice on your tax processes to make them more efficient and iron out any issues that could impact your compliance with legislation. At Edwards Accountants, our experienced tax advisors can provide effective advice so that you can make the most of opportunities as they arise, while remaining compliant at all times.
The Edwards team expertise in accounting, tax, and advisory services has been invaluable, helping us navigate challenges, make informed decisions and get our filings done on time!
Seref Ataser, Finance Director
Origen Power
We are an Electrical Contracting business and have used Edwards for many years for our annual audit and general tax planning. They have always been knowledgeable of our industry and very thorough in their approach to our business.
Jo Alders, Finance Director
Skerritt Electrical
Why Choose Edwards Accountants for VAT specialist advice
Our experienced corporate tax advisors provide a comprehensive range of specialist tax services to a wide range of businesses. Our team focus on optimising tax reliefs and exemptions to enable you to retain more profit from your business whilst remaining fully compliant.
We will be there at every stage of your business’s life cycle to ensure you have the best tax advice available. Our tax accountants are passionate about empowering you to make decisions and develop tax strategies for business success.
Key statistics
All the services you need, delivered by a team with deep specialist skills and extensive experience.
Years of serving our clients
Team members covering a variety of specialisms
Business clients
Meet the team
Our team consists individuals who are focused on using their knowledge, expertise and skills to enhance our clients’ business.
FAQs
Whether you operate a start-up business or a multi-national group of companies, you may need to outsource corporate tax advice services as an extension of your existing team. You may also need to outsource these tax services if you don’t have the resources or experience available in-house.
At Edwards Accountants, our experienced tax advisors can provide effective advice so that you can make the most of opportunities as they arise, while remaining compliant at all times.
If you don’t currently have the resources within your team to focus attention on your corporate tax liability or tax reliefs, outsourcing these tasks can be more cost-effective than recruiting, training and retaining multiple experienced members of staff. This can also help your team to save time, allowing you to focus on the growth and development of your business.
Every business is different, so we tailor our corporate tax consultancy services to meet the needs of your company, whether that is advice on corporate restructuring, the creation of a tax-efficient EMI share scheme or an application for R&D tax credits.
For businesses, we will examine your business structure, any associated partners or groups, the industry you operate in, and more, to determine where you can maximise profit extraction. We will also be able to advise you on government schemes, like those available for research and development, to reduce unnecessary expenditure.
We can also advise high-net-worth families considering investment or property companies as tax-efficient vehicles. Get in touch with Edwards Accountants today to discuss your options and find out how we could help you.
The Corporation tax payment deadlines vary depending on the size and profit level of your company. It’s important to understand which category your business falls into to avoid missing deadlines and interest charges.
Small companies (profits under £1.5 million):
Tax must be paid 9 months and 1 day after the end of the accounting period.
Example: For a 31 December 2024 year-end, tax is due by 1 October 2025.
Large companies (profits between £1.5 million and £20 million):
Tax is paid in four quarterly instalments, starting 6 months and 13 days after the start of the accounting period.
Very large companies (profits over £20 million):
Tax is paid in four quarterly instalments, starting just 2 months and 13 days after the accounting period begins.
For large and very large companies, these quarterly instalment payments (QIPs) require careful planning and forecasting well in advance. Without early preparation, it’s easy to fall behind on payments, putting unnecessary pressure on your cash flow.
Corporation Tax is a significant cost for many companies, but with thoughtful corporate tax planning and expert advice, there are various strategies to reduce your corporation tax bill and effective ways to manage your liability and strengthen your financial position.
This blog outlines how Corporation Tax is calculated and explores key strategies how to reduce your Corporation Tax bill.
These approaches are common; however, every business is different, so it’s important to discuss any tax planning opportunities with a qualified taxation adviser.
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Choose Edwards Accountants today for corporate tax services
Our proactive approach to corporate tax affairs means you will always be equipped with up-to-the-minute advice based on the ever-changing rules of UK tax legislation.
To find out more about how we can help your business, speak to our team of specialist corporate tax experts today.