We explain corporation tax in plain English, handle it correctly, and make sure you claim every relief you are entitled to, all at a fixed fee.
Corporation Tax
Every limited company pays Corporation Tax on its profits, and the rate now depends on how much profit you make, with marginal relief in between, so planning and claiming every allowable cost and relief matters.
We prepare and file your company's Corporation Tax return, claim every allowable expense, capital allowance and relief, apply the right rate and marginal relief, and plan to keep your company's tax as low as the rules allow.
The Corporation Tax rate ranges from 19 to 25 per cent depending on profit, with marginal relief between the thresholds and adjustments for associated companies, so the effective rate and planning are more complex than a single flat rate.
The Detail That Matters
Every limited company pays Corporation Tax on its profits, but the rate now depends on how much you make, with marginal relief in between and adjustments for associated companies. Claiming every allowance and timing expenditure well is where real savings sit.
Profits up to £50,000 are taxed at 19%; profits over £250,000 at 25%; and profits in between at 25% with marginal relief, giving an effective rate that climbs from 19% to 25%. The £50,000 and £250,000 thresholds are divided between associated companies, which catches groups out.
Equipment and plant qualify for capital allowances: the Annual Investment Allowance gives 100% relief on up to £1m of qualifying spend, and full expensing gives 100% first-year relief on qualifying new plant with no cap. Timing a purchase before the year end can cut the bill immediately.
Salaries, employer pension contributions, use-of-home, and legitimate business costs all reduce taxable profit. An employer pension contribution before the year end is a common, efficient way to reduce Corporation Tax while building the director's retirement fund.
R&D relief, loss relief and other reliefs can reduce the bill further. Corporation Tax is due nine months and one day after the year end, with the return due within twelve months, and late filing brings penalties. We prepare and file everything on time and claim it all.
Companies most often overpay by missing capital allowances on equipment and integral features, mis-applying marginal relief, or forgetting that associated companies share the thresholds, quietly pushing more profit into the 25% band.
Key Figures
How We Help
We prepare your company accounts and Corporation Tax return, claim every allowable cost and relief, and file on time to avoid penalties.
We apply the correct rate, 19 to 25 per cent, with marginal relief and any associated-company adjustment, so you pay the accurate amount.
Timing of expenditure, capital allowances, pension contributions and reliefs like R&D all reduce Corporation Tax. We plan them for you.
All the forms, calculations and correspondence handled on your behalf, so you never have to decode HMRC's rules or sit on hold.
A clear fixed fee quoted after a free call, your position explained in plain English, and never a surprise bill.
We act quickly, and where earlier years are involved we put those right too, reclaiming refunds or minimising penalties.
Companies often overpay Corporation Tax by missing capital allowances, reliefs and the marginal-relief calculation, or face penalties for late filing. We claim everything and keep you compliant and efficient.
Recent Client Outcome
A company making around £120,000 profit was filing its own returns and had never claimed full capital allowances or used a pension contribution to manage the bill.
What we did. We claimed the Annual Investment Allowance on £18,000 of equipment bought in the year, timed a further £15,000 employer pension contribution before the year end, and applied marginal relief correctly.
The outcome. The allowances and pension contribution reduced taxable profit by £33,000, cutting the Corporation Tax by roughly £8,000 at the company's marginal rate, while the pension built the director's retirement fund.
Every deduction was legitimate and available; capturing them, and timing them before the year end, is what delivered the saving.
Why People Come to Us
Questions Answered
Free fifteen-minute call. Fixed quote within twenty-four hours. Your return filed, every expense claimed, your bill explained, and salon VAT, payroll and accounts handled if you own a salon. Same accountant, start to finish.
Or email info@yourtaxhelp.co.uk, we typically respond within two business hours.
📅 Free consultation calls available weekdays 1pm to 3pm and 7pm to 8pm. Pick a slot that suits you.