Let’s talk about Corporation Tax – simply.
If you run a limited company in the UK, you’re legally required to pay Corporation Tax on your profits. That includes money made from trading, investments, and selling assets like property or equipment.
Here’s the good news: you don’t have to figure it all out on your own.
✅ What is Corporation Tax?
It’s a tax your company pays to HMRC on its profits. As of now, the main rate is 25%, but if your profits are under £50,000, you may qualify for the small profits rate of 19%.
✅ When do I pay it?
You must pay your Corporation Tax within 9 months and 1 day after the end of your company’s financial year.
✅ What will GRC Accountants do for you?
We will handle:
- - Calculating how much tax your business owes
- - Claiming any allowances or reliefs you’re entitled to
- - Filing your tax return with HMRC
- - Making sure you never miss a deadline
? With the right support, Corporation Tax doesn’t have to be complicated – and you could end up saving more than you think.
Do you have any questions? Don’t worry – our team is here to guide you every step of the way.
? Just get in touch to book a free, no obligation consultation.