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Business Taxation

Companies pay Corporation Tax on their assessable profits. The rate of Corporation Tax is fixed by the Chancellor of the Exchequer, usually in the annual budget. Companies are now responsible for paying the correct amount of tax on the due dates and submitting the correct returns to the Inland Revenue. Again this area is where our expertise is needed.

Personal Taxation

Income Tax is the tax payable on personal income. As an employee, self employed as a sole trader, or within a partnership, we are all accountable for Income Tax. Personal Taxation is becoming increasingly onerous especially since the introduction of self assessment, meaning the onus to pay personal tax both on income and capital gains shifts to the individual tax payer. The complexity of the system will mean most tax payers who pay tax other than under PAYE system will require personal taxation advice.

Tax Tables

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