Corporation tax is a form of taxation that applies to the profits generated by corporations, limited liability companies, and other business entities. The tax is calculated based on the net income of the business after deducting allowable expenses, such as operating costs, salaries, and other relevant expenditures.

Corporate tax is paid to the government by UK companies and foreign companies with UK offices. It is charged on their total profits - the amount of money companies make minus their costs.

Our business tax accountants can streamline all these processes from knowing corporation tax to paying corporation tax to make everything simple. Speak to us and we will arrange a call with you to explain corporation tax matters further.

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