Limited Company Tax

The first decision an architecture practice makes is whether to trade as a sole practitioner, a limited liability partnership or a limited company. This page compares the three at 2026/27 rates with a worked example, then covers software, VAT at £90,000, capital allowances, the deductions specific to practising architects, and what research and development relief does and does not cover in architecture.

Running trucks in the UK means three tax obligations arrive together: payroll for your drivers, VAT on your haulage supplies, and capital allowances on the vehicles you buy. This page sets out each one at 2026/27 rates, works a tractor-unit purchase through the new allowances, and then explains what a transport accountant actually does with them.

Your statutory accounts tell you what the factory made last year. They do not tell you what one unit costs, which product line pays for itself, or what a new machine is worth after tax. This page sets out what a manufacturing accountant answers, with 2026/27 figures for corporation tax, capital allowances, VAT and payroll, and one worked factory year you can recompute.

If you run a privately owned, fee-charging nursery or daycare setting, three numbers decide your year: what counts as taxable income, what your staff really cost, and how much VAT you can never get back. Funded hours are taxable trading income. Childcare is VAT exempt, not zero rated, so the VAT on your refurbishment stays with you. And a room leader on £26,000 costs your company £29,742.80 once employer National Insurance and pension are added, before the £10,500 Employment Allowance is applied.

How limited company car tax relief actually works in 2026/27: capital allowances by CO2 band, lease versus buy, the 50% VAT block on lease rentals, and a full electric versus petrol comparison that includes the employer National Insurance most guides leave out.

UK limited companies can hold a tax-free annual Christmas party under section 264 ITEPA 2003, provided the cost per head stays at or under £150 including VAT. Cross that threshold by even 1p and the entire amount becomes taxable for every employee who attended. This guide covers every rule: the all-employees condition, plus-one counting, the multiple-events election, PSA mechanics, VAT recovery, and corporation tax deductibility.

Running a dental practice means juggling NHS contracts, associate payments, lab fees, and equipment purchases. A specialist dental accountant handles all of that. Here is what you should expect from one.

Practical tax planning for UK landlords with buy-to-let mortgages. We cover limited company structures, mortgage interest relief, capital gains, and the key decisions that affect your bottom line.

Dental practices face unique accounting challenges: NHS contract accounting, associate tax status, practice incorporation, and VAT on mixed supplies. A specialist dental practice accountant understands these areas and can save you significant tax. Here is what to look for and why it matters.

Dentists face unique tax and compliance challenges that general accountants often miss. Specialist dental accountants understand NHS contract income, associate vs. partner structures, and mixed private/NHS VAT rules. This article explains what to look for and why it matters.

The complete UK tax brackets for 2025/26, covering income tax, National Insurance (Class 4 NIC 6%, employer NIC 15% from April 2025), corporation tax, dividend tax, capital gains tax and VAT. Worked examples for sole traders, limited company directors and contractors, with enacted changes under Finance Act 2026.

Dentists face a unique set of tax and business challenges: mixed VAT on private and NHS work, complex practice structures, and associate versus principal tax treatment. Specialist accountants for dentists understand these issues inside out. This article explains what to look for and why a generalist may not be enough.

How much does a limited company accountant actually cost in 2025/26? We break down typical fees by service level, what's included, and how to avoid hidden charges. Practical numbers for UK directors.

Running a building, roofing, or construction business means dealing with CIS deductions, VAT on materials and labour, and payroll for site workers. A specialist accountant for builders understands these specific rules and helps you keep more of what you earn. We explain exactly what that looks like in practice.

Consultants face unique tax challenges: IR35, director pay, and cross-border work. A standard high-street accountant often misses the nuances. Here is what a specialist accountant for consultants should deliver and how to choose one.

Dentist accounting is a niche. From associate contracts to practice ownership and mixed income, the right accountant for dentists handles specific compliance, tax structures and reliefs that a general accountant may miss.

Ecommerce sellers face tax challenges that standard accountants often miss: cross-border VAT, stock valuation, and marketplace reporting. We explain why a specialist accountant for ecommerce sellers is essential for compliance and growth.

Electrical contractors face unique tax and compliance challenges: CIS deductions, flat rate VAT, material-heavy payroll, and complex IR35 decisions. A specialist accountant for electricians helps you keep more of what you earn while staying HMRC compliant.

Running a hotel means dealing with complex VAT on accommodation and food, shift based payroll for dozens of staff, and capital allowances on fixtures and fittings. A general accountant might miss these. A specialist accountant for hotels understands the sector's specific rules and can save you significant tax.

If you work through your own limited company as an IT contractor, your accountant needs to know IR35 inside out, handle your VAT and payroll, and keep you compliant with HMRC. Here is exactly what a specialist IT contractor accountant does and why the right one matters.

A specialist accountant for landlords does more than file a tax return. They handle portfolio structuring, capital allowances, mortgage interest restriction, and compliance. This guide explains exactly what you get and whether you need one.

Marketing agencies face specific tax and compliance challenges that general accountants often miss. Retainer income timing, R&D credits for software development, and VAT on cross-border services all need specialist handling. Here is what to look for in an accountant for marketing agencies.

Property development has specific tax rules around SDLT, corporation tax, VAT, and capital gains. We explain what to look for in an accountant for property developers and how specialist knowledge protects your profit.

Property investors face unique tax rules: SDLT, ATED, NRCGT, finance cost restrictions, and mixed-use property calculations. A general accountant without property specialism can miss these. Here is what a specialist accountant for property investor UK must handle.

A specialist accountant for property does more than file tax returns. They structure property portfolios to minimise SDLT, manage finance cost restrictions for landlords, claim capital allowances on commercial conversions, and advise on incorporation relief. Here is what UK landlords and developers should expect from a property-focused accountant.

Software companies have specific accounting needs that generalist firms often miss. From R&D tax credits and SaaS revenue recognition to share schemes and international sales, we explain exactly what a specialist accountant for software companies should deliver.

Software engineers face a specific set of tax and accounting challenges that generalist accountants often miss. From IR35 status determinations to R&D tax credits and contractor limited company structures, getting the right advice can save you thousands. Here is what you need to look for in an accountant for software engineers.

Solicitors and law firms face accounting rules that general accountants often miss. From SRA accounts rules to VAT on legal fees and tax on work in progress, a specialist accountant for solicitors ensures you stay compliant and tax efficient. Here is what to look for.

Veterinary practices face a unique set of financial challenges: mixed partnerships, professional premises, and complex payroll. A specialist accountant for vets understands the sector's specific tax rules, helps structure your practice efficiently, and keeps you compliant with HMRC. This guide explains exactly what to look for and why a sector specialist matters.

If you run your limited company from home, you can claim home office expenses. But the rules differ from sole trader claims. This guide explains what you can claim, the two methods available, and how to avoid common mistakes.

Yes, you can claim mileage as a limited company director. Your company can pay you tax-free mileage at HMRC's approved rates, and the company deducts the cost against corporation tax. Here's exactly how it works in 2026/27, including what counts as business travel, the rates to use, and the records you must keep.

Choosing between a contractor accountant and a high street firm is one of the most important decisions you'll make as an IT contractor. The difference goes far beyond price. A specialist contractor accountant understands IR35, contract reviews, and the specific expense rules that apply to your limited company. A high street generalist may not.

The short answer is yes: a director can sign off company accounts without being an ICAEW member. The legal responsibility sits with the director, not an accountant. But there are important rules about who prepares the accounts and what the director must certify.

If your company writes off a director's loan, it's not a clean slate. The director faces a benefit in kind charge and potential CGT, while the company triggers S455 tax. This guide walks through the numbers and the filing steps.

A dormant limited company still has filing obligations. You must file annual accounts to Companies House (often as 'dormant' accounts), a confirmation statement each year, and a corporation tax return to HMRC. Here is exactly what you need to do and when.

Most accountants push monthly packages, but many businesses only need year-end accounts and a corporation tax return. This post explains the fixed fee accountant UK model for annual compliance, who it suits, what it covers, and where it falls short.

A standard accountant won't know your trade. We explain why a specialist hospitality accountant understands wet sales margins, gratuity handling, payroll for irregular hours, and the specific VAT and tax rules that apply to your restaurant, pub or hotel.

Late filing penalties from HMRC are automatic, but they are not final. A limited company accountant can appeal on reasonable excuse grounds, reducing or removing penalties entirely. Here is exactly how the process works, what counts as a reasonable excuse, and what does not.

An IR35 contract review service checks whether your limited company engagement falls inside or outside the off-payroll rules. We assess your written contract, your actual working practices, and the client's size. This one-off compliance service gives you certainty before you sign.

If you work through a limited company for contracting but also run a separate trading business, IR35 gets more complicated. This guide explains how HMRC treats the two companies, what happens with dividend planning, and the risks you need to watch.

If you work through a limited company for contracts but also run a separate trading company, IR35 gets more complicated. This guide explains how to keep your outside-IR35 status safe, avoid HMRC challenges, and structure both businesses correctly.

A practical breakdown of what you can expect to pay for a limited company accountant in 2025/26, from basic compliance to full-service packages, and what drives the differences in pricing.

Late filing penalties from HMRC are not final. A limited company accountant can appeal on reasonable excuse grounds, submit the right forms, and argue your case through internal review or tribunal.

Limited company accounts cost varies widely based on your turnover, transaction volume, and whether you need payroll, VAT returns, or R&D claims. Here is what you should expect to pay in 2025/26 and what drives the price.

Most sole trader vs limited company tax calculators ignore company cars entirely. We show how benefit-in-kind and fuel scale charges affect the real-world comparison for UK business owners.

Trusts can be powerful for Inheritance Tax planning, but the rules around creation, administration and tax returns are complex. This guide explains when you need a specialist trust accountant UK, what they do, and how to decide if professional advice is worth the cost.

A property tax advisor helps UK landlords, developers and investors manage the tax side of property: SDLT, capital gains, corporation tax on property income, VAT on conversions, and the 60-day CGT reporting rule. Here is when you need one, what they actually do, and what it costs.

Running a farm or rural business brings specific tax rules that standard high street accountants often miss. Agriculture accountants understand farm partnerships, herd basis, averaging, VAT on land and buildings, and the grant funding landscape. Here is what they actually do for UK farmers and landowners.

Most business owners benefit from an accountant. But there are specific scenarios where DIY accounting is cheaper and carries little risk. We cover five of them here, with real numbers and practical guidance.