Tax & Compliance
UK tax obligations, VAT, corporation tax, PAYE, and compliance essentials for business owners.
30 articles
What Is Corporation Tax?
Corporation tax is the tax UK companies pay on their profits. Learn the current rates, how it is calculated, and key reliefs available.
What Is VAT?
VAT (Value Added Tax) is charged on most goods and services in the UK. Learn the rates, registration thresholds, and how to account for it.
What Is PAYE?
PAYE is the system through which employers deduct income tax and National Insurance from employee wages. Learn how to run payroll compliantly.
What Is R&D Tax Credits?
R&D tax credits reward UK companies for investing in innovation. One of the most valuable tax reliefs available — and frequently unclaimed.
What Is Making Tax Digital (MTD)?
Making Tax Digital is HMRC's programme to move tax record-keeping and filing online. Learn what it requires and when each phase applies.
What Is National Insurance for Business Owners?
National Insurance is a tax on earnings that funds state benefits. Learn the classes, rates, and how NI affects your costs as an employer and director.
What Is GDPR and What Does It Mean for Your Business?
GDPR governs how businesses collect, store, and use personal data. Learn your key obligations and the practical steps to comply.
What Is Self Assessment Income Tax for Business Owners?
Self-employed individuals and company directors pay income tax through Self Assessment. Learn how it works and how to reduce your bill legally.
What Is Auto-Enrolment?
Auto-enrolment requires employers to automatically enrol eligible employees into a workplace pension. Learn the rules and minimum contribution requirements.
What Is IR35?
IR35 determines whether a contractor working through their own company is genuinely self-employed or effectively an employee. Major tax implications for both sides.
What Is Companies House Compliance?
UK limited companies must file regular documents at Companies House. Learn what is required, the deadlines, and penalties for late filing.
What Is Capital Gains Tax for Business Owners?
Capital Gains Tax is payable when you sell a business asset at a profit. Learn the rates, Business Asset Disposal Relief, and key planning opportunities.
What Are the Key Employment Law Obligations for Employers?
UK employment law creates obligations from your first hire. Learn the essentials every business owner needs to know to stay compliant.
What Is Business Rates?
Business rates are a property tax on non-domestic premises. Learn how they are calculated, what reliefs are available, and when you must pay.
What Is a Tax Investigation?
A tax investigation is HMRC's examination of your business's tax affairs. Learn what triggers them, what to expect, and how to protect yourself.
What Is the Annual Investment Allowance (AIA)?
The AIA lets businesses deduct the full cost of qualifying capital expenditure in the year of purchase. Learn what qualifies and how to claim.
What Is Stamp Duty for Business Transactions?
Stamp Duty and SDLT apply when businesses acquire property and shares. Learn the rates and reliefs relevant to business transactions.
What Is Transfer Pricing Compliance for UK Businesses?
Transfer pricing compliance ensures transactions between group companies are priced at arm's length. Learn the UK rules and documentation requirements.
What Is an EORI Number?
An EORI number is required for any business importing or exporting goods. Learn how to get one and when you need it.
What Is a VAT Inspection?
A VAT inspection is HMRC's review of your VAT records and returns. Learn what to expect and how to prepare.
What Is Transfer Pricing?
Transfer pricing governs how related companies price transactions between each other. Learn the rules, risks, and compliance requirements.
What Is a Double Tax Treaty?
A double tax treaty prevents the same income from being taxed in two countries. Learn how treaties work and how businesses benefit.
What Is Withholding Tax?
Withholding tax is deducted at source before income reaches the recipient. Learn when it applies and how to manage it.
What Is Permanent Establishment?
Permanent establishment determines when a foreign company becomes taxable in another country. Learn the rules and triggers.
What Is Thin Capitalisation?
Thin capitalisation rules limit how much debt a company can use to reduce taxable profits. Learn why these rules exist and how they work.
What Is Country-by-Country Reporting?
Country-by-Country Reporting requires multinationals to disclose financial data for each jurisdiction they operate in. Learn the requirements.
What Is Base Erosion and Profit Shifting?
BEPS describes how multinationals exploit tax rules to shift profits to low-tax locations. Learn the OECD's response and what it means for business.
What Is a Tax Haven?
A tax haven is a jurisdiction offering very low or zero tax rates to attract foreign capital. Learn how they work and why they are controversial.
What Is Digital Services Tax?
A Digital Services Tax targets revenue earned by tech companies from users in a country, even without a local presence. Learn how it works.
What Is Customs Valuation?
Customs valuation determines the value of imported goods for calculating duties. Learn the methods and compliance requirements.