Corporation Tax relief for carried forward losses
The rules for the Corporation Tax treatment of carried forward losses changed from 1 April 2017. The changes increased flexibility to set off...
18 Jul
Corporation Tax
Category Archives: Corporation Tax
18 Jul
Corporation Tax
HMRC security deposit regime to be extended
The security deposit legislation is to be extended to both Corporation Tax and Construction Industry Scheme (CIS) deductions from April 2019. The security...
11 Jul
Corporation Tax
Non-UK resident property companies to be charged Corporation Tax
The government is to move forward with plans to charge Corporation Tax to non-UK resident companies with property income. Currently, these companies are...
13 Jun
Corporation Tax
Companies and capital gains
Capital Gains Tax (CGT) is not payable by limited companies or unincorporated associations when they sell an asset and make a gain. Instead,...
06 Jun
Corporation Tax
Liability of non-resident companies
Under the current rules non-resident companies with a trading business in the UK are liable to pay UK Corporation Tax on their profits...
09 May
Corporation Tax
Advance assurance for R&D tax claims
Advance assurance for small companies that claim Research and Development (R&D) tax relief was introduced in November 2015. This measure makes it easier...
02 May
Corporation Tax
When you can or cannot change your company year-end
There are special rules in place which limit the ability to change a company’s year end date. A company’s year end date is...
25 Apr
Corporation Tax
Tax when your company gives to a charity
There are special rules in place when a limited company gives to charity. This can include, corporation tax relief for qualifying donations made...
14 Mar
Corporation Tax
Inflation proofing corporate gains ceased December 2017
As part of the Autumn Budget measures, the Chancellor announced that the indexation allowance for corporate chargeable gains would cease on 31 December...
21 Feb
Corporation Tax
Dormant company obligations
If a company has stopped trading and has no other income then HMRC should be informed for corporation tax purposes. HMRC can also...