Steve Lant
Tax Partner

t: +44 (0)191 243 6069
e: stephenlant@unw.co.uk
David Ward
Tax Partner

t: +44 (0)191 243 6081
e: davidward@unw.co.uk
MEET THE TEAM

Business Tax

All companies, partnerships and sole traders incorporated in the UK (and those overseas with a taxable presence on these shores) are subject to business tax.

The headline rates of corporation tax have decreased over the last few years, with the latest reduction (20% to 19%) effective from 1st April 2017. In addition to this, a further reduction to 17% will come into force from 1 April 2020.

Under the UK tax system, a company’s profit before tax in its statutory accounts is subject to various adjustments, which are then taxed at a relevant rate.

UNW’s tax team will proactively guide clients through this legislation to minimise their corporation tax bills, in accordance with the relevant legislation. Please click here for more information regarding our tax services.

LATEST NEWS

Chancellor announces one-off grants worth up to £9,000 for retail, hospitality, and leisure sectors and a further £594m for other businesses not eligible for them

Following the Government’s announcement of a new national lockdown on 4 January 2021, the Chancellor of the Exchequer Rishi Sunak

Chancellor extends furlough and government-backed loan schemes

On Thursday 17th December, the Chancellor of the Exchequer Rishi Sunak announced a month-long extension of the Coronavirus Job Retention

Sign up now to receive HMRC import VAT statements after 1 January 2021

In the run up to the end of the Brexit transitional period on 31 December, HMRC has announced the introduction

Christmas Party Expenses – What can employers provide to employees?

The festive season is almost upon us and for most employers this season will be like no other, due to