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.
The Government announced more details of changes to the Coronavirus Job Retention Scheme (CJRS) rules on Friday evening (12th June),
These are clearly unprecedented times, and we are dedicated to keeping our clients and contacts updated on measures announced by
In the wake of the COVID-19 pandemic, many organisations have been understandably focused on stabilising cash-flow. As restrictions start to
In his announcement on Friday (29 May), the Chancellor gave further details of the changes to the Coronavirus Job Retention