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Corporate Tax

We are able to offer a number of services and solutions to comply with tax legislation. We have been assisting companies from various industries with their Corporate Tax obligations for many years and you can get in touch with us at any point if you do require our assistance on any aspect of this. Corporate Tax makes up a significant portion of business’ trading costs, and the threat of penalties for failing to comply with the legislation means there is a great deal of work to carry out to ensure you are adhering with regulations.

Avoiding Corporate Tax Penalties

Corporate or Corporation Tax is deducted from the net profits you make as a limited company or organisation. The laws around Corporation Tax have become so complex that most companies find themselves seeking advice from outside. The Government have stepped up their efforts to clamp down on tax avoidance over recent years, and the penalties for failing to adhere to what it expected of you can be severe. This is why it’s so important to gain a good understanding of what your tax obligations are.

A Comprehensive Service

We are able to provide you with comprehensive advice, and are fully committed to providing a professional service at all times. We can arrange an initial no-obligation meeting with you to discuss your Corporate Tax obligations so you can assess our services before entering into any agreement. Corporation Tax is paid to HMRC at the end of each CT accounting period. Your profits are the money left over after the costs of running your business are taken out. Profits remaining after tax are normally divided between shareholders and the business itself, so investment can continue to take place. Therefore it is essential to be as tax efficient as possible, whilst also remaining fully compliant.

Never Miss a Deadline

Taxable profits are any company profits liable for taxation and can include not only trading profits but capital gains made from investments after the purchase price is taken into account. When tax payable is calculated, various factors need to be taken into account including capital allowances, depreciation charges, other income, losses, deductions, allowances and chargeable gains. You will also need to consider any Corporation Tax that has already been paid. Filing dates and paying deadlines do not occur at the same time, and deadlines vary from company-to-company. If you miss a deadline, you may face a penalty and could be charged interest. This seems like an arduous task to many company owners. however we can put you ate ease by ensuring deadlines are met and you pay the exact amount of Corporation Tax that you owe.

The Benefits of Outside Help

Dealing with Corporation Tax without external help can be incredibly confusing and arduous. You are obliged to complete all documents correctly, avoid making mistakes, to file your tax on time and pay it before the deadline. The workload related to managing Corporation Tax can be daunting, but with expert assistance, you can focus on doing what you do best, safe in the knowledge you’re working with highly-experienced experts. We can act as Corporation Tax agents working on your behalf and liaising with HMRC whenever necessary. We are fully up-to-date with the very latest legislation surrounding Corporation Tax, so we are in good stead to handle your tax affairs.

Working Hard For You

You can count on the DBS Corporate team to inform HMRC that you are liable for Corporation Tax, file your return and all relevant documents on time, as well as presenting all documentation to HMRC free of errors and responding to all correspondence sent out to you by HMRC. Our services are designed to protect you from penalties whilst reducing the tax burden as much as we legally can, whilst conducting all the hard work on your behalf.

Boosting Your Bottom Line

We can also identify the most suitable and tax-effective structure for your business, enable you to make the most any tax relief and tax-saving opportunities available to you, maximise acquisition relief and do everything in our power to boost your bottom line. If you require professional assistance with minimising your tax liabilities whilst complying fully with HMRC, then our expert team is more than capable of assisting you to give you peace of mind that there will be no penalties or tax investigations.