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Corporation Tax Late Payments penalties - blog image

Corporation Tax Late Payments: Everything You Need to Know About Penalties and Interest

Corporation Tax is a tax that limited companies in the UK pay on the money they earn. Just like people have to file Self Assessment tax returns, companies must submit a Corporation Tax return and pay their tax by HMRC’s deadlines. Paying on time is important. It doesn’t just keep your business legal it also

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featured image of blog VAT Reliefs for Charities in the UK

A Complete Guide to VAT Reliefs for Charities in the UK

Running a charity in the UK involves key tasks like handling taxes, keeping financial records, and following legal rules. VAT can be especially tricky, with specific rules for charities that can be easily overlooked. Missing out on the reliefs you’re entitled to could result in paying more than necessary, which is the last thing any

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6 reasons limited company needs professional vat return service

6 Reasons Your Limited Company Needs Professional VAT Return Services

It might be hard and take a lot of time to handle VAT returns for your limited company. No matter what field you’re in, whether it’s retail, construction, or something else, VAT returns need to be done correctly and in line with the most recent rules. Mistake or missing deadlines can result in fines, compliance

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Do You Need a Self‑Assessment Tax Return for refunds or relief

Do You Need a Self‑Assessment Tax Return for Refunds or Reliefs?

Wondering if you need to file a Self‑Assessment tax return to claim a refund or get tax relief? This is a common question during tax season, especially for those who do not usually complete a tax return. The answer depends on your situation, the type of income you have, and how you want to claim

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The Impact of Child Benefit Rate Increases in 2025 UK

The Impact of Child Benefit Rate Increases in 2025: What You Need to Know

In 2025, families across the UK will see a small but significant increase in Child Benefit rates. While the 1.7% rise may not seem like much, it could make a difference to family finances, especially with rising living costs. Understanding the new rates and how they affect your household is crucial for financial planning. Our

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UK small business tax relied benefits

How UK Small Businesses Can Benefit from 2025/26 Tax Reliefs

Running a small business in the UK can be rewarding, but managing taxes can sometimes feel like a complex puzzle. However, 2025/26 brings some great tax relief opportunities that can help you save money and keep more of your profits. Let’s dive into how UK small businesses can take advantage of these tax reliefs and

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Corporation Tax Rates in the UK for 2025

Everything You Need to Know About Corporation Tax Rates in the UK for 2025/26

Businesses in the UK must understand the corporation tax rates that will apply to various business profits for the 2025/26 financial year. Corporation tax is a direct tax that UK-based companies pay on their profits, and staying informed about the latest rates can significantly impact your business’s financial planning. For the 2025/26 financial year, the

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