In today's rapidly evolving tax landscape, businesses must navigate complex tax regulations, increased scrutiny and the need for strategic tax planning.
Whether you're a large corporate entity, mid-sized or fast growing business, staying compliant while optimising your tax position is crucial.
How our business tax specialists can support
With extensive expertise in UK tax law and regulations, our specialists provide comprehensive tax advice across employment, corporate, personal, indirect, international and multi-jurisdictional tax matters.
Our tailored solutions ensure businesses meet their immediate tax obligations while aligning with long-term financial goals.
From annual tax returns to corporate tax compliance and reporting, R&D tax credits to capital allowance reliefs, and support through tax disputes, restructures, acquisitions and exits, we advise business owners, board members, shareholders, senior team members and entrepreneurs through complex tax challenges with clarity with confidence.
Advising businesses at each stage of their lifecycle
Business creation and growth
Establishing tax-efficient structures and meeting compliance requirements.
Operational management
Ensuring businesses meet tax obligations while optimising their tax position.
Operating internationally
Advising businesses on country-specific tax requirements and issues like digital services taxes and evolving nexus risks.
Mergers and acquisitions
Structuring deals for tax efficiency to maximise value.
Succession planning, exit planning & business sale
Helping business owners transition their business smoothly with effective tax strategies.
Our business tax services include
Corporate tax compliance and advisory
Employment tax strategies
VAT and indirect tax compliance
International tax and multi-jurisdiction structuring
Tax-efficient structuring for Mergers & acquistions transactions
Personal tax planning
Strategic compliance advice
Support with tax authority audits
Navigating VAT and Indirect Tax
VAT, Stamp Duty Land Tax, and Customs duty require swift action and strategic planning, as they form a growing share of a business’s tax burden.
Our expert VAT and Indirect tax team supports clients at every stage, from structuring VAT-efficient ventures, overseas expansions, and property transactions to managing compliance and minimising risk across all sectors.
HMRC’s continued focus on compliance
Businesses must stay alert as HMRC intensifies its focus on tax compliance, significantly bolstering its staffing levels and enforcement capabilities. This heightened scrutiny demands a proactive approach to managing tax obligations and mitigating risk across all areas of the business.
Tax governance
Tax governance is a proactive way to manage a business’s tax affairs, promoting transparency, accountability, and compliance. With strong controls and clear processes, businesses can reduce risk, improve decision-making and meet their tax obligations efficiently.Some requirements are mandatory: large organisations must comply with the Senior Accounting Officer regime, publish a tax strategy, and submit Country by Country Reporting. The Corporate Criminal Offence applies to all companies and partnerships, regardless of size or sector.
Tax disputes
With HMRC facing mounting pressure to close the tax gap, it is increasingly deploying its full investigatory powers to scrutinise tax returns and challenge taxpayer positions. This heightened enforcement environment means businesses and individuals must be prepared for deeper and more frequent enquiries.HMRC can assess liabilities going back 20 years for deliberate errors, and up to 12 years for carelessness. Offshore income and assets are under increased scrutiny through global data-sharing agreements.
Global reach with local expertise
As a truly international firm, we provide comprehensive tax services to clients worldwide. With a presence in over 100 countries, our global network ensures that businesses receive consistent, high-quality tax advice no matter where they operate. This extensive international footprint allows us to offer nuanced insights into local tax regulations and practices, helping businesses navigate the complexities of cross-border transactions and multinational operations.
Our award-winning private client advisers understand the unique challenges faced by entrepreneurs and executives, offering bespoke solutions that address both personal and business tax needs. From strategic tax planning and compliance to managing tax implications of business transitions, we provide the expertise and support necessary to optimise tax positions and achieve long-term financial goals.
Depending on your business structure, you may need to pay; Corporation Tax for limited companies on their profits; Income Tax, for sole traders and partnerships; VAT if your turnover exceeds the threshold which increased is currently £90,000; PAYE & National Insurance (NI) if you employ staff and Business Rates if you operate from commercial premises.
Do I need to register for business taxes?
Yes, you need to register with HMRC within 3 months of starting to trade for Corporation Tax purposes, if your VAT-taxable turnover exceeds the threshold of £90,000 and/or if you have employees for PAYE and NI purposes.
When are taxes due?
Dates can vary based on the size of a business and its reporting requirements.
For certain UK businesses:
Corporation Tax: 9 months and 1 day after your accounting period ends
VAT: Usually quarterly, 1 month and 7 days after the period ends
PAYE: Monthly or quarterly, depending on your payroll size
Self Assessment: 31 January (for the previous tax year)
What tax allowances are available to UK businesses?
UK businesses can reduce their tax bill through allowances like the Annual Investment Allowance (up to £1 million), Capital Allowances for asset depreciation, and R&D Tax Relief for innovation. The Patent Box offers a 10% Corporation Tax rate on qualifying profits, and employers may claim up to £5,000 via the Employment Allowance.
Additional reliefs include Business Rates Relief, Creative Industry Tax Reliefs, and Loss Relief to offset trading losses. Small income sources may also benefit from a £1,000 Property or Trading Allowance.
Where should UK business taxes be filed?
UK businesses must file their taxes online through HMRC’s digital services. Limited companies must submit a Company Tax Return (CT600) and annual accounts to both HMRC and Companies House, via HMRC’s online system or with software that supports iXBRL tagging.
Sole traders and partnerships use HMRC’s Self-Assessment system, while VAT-registered businesses file returns using Making Tax Digital (MTD) compatible software. Employers also manage PAYE and National Insurance through HMRC’s PAYE Online service.
What is iXBRL tagging?
iXBRL (Inline eXtensible Business Reporting Language) is a format used to tag financial data in company accounts so it’s readable by both humans and computers. It helps HMRC and Companies House process tax returns more efficiently by embedding standardised tags into documents like balance sheets and profit and loss accounts.
These tags identify key financial figures and link them to a recognised taxonomy, allowing for easier analysis and fewer errors. Most businesses use software that handles tagging automatically, but some may need to apply tags manually or outsource the task.
