HMRC charges all limited companies on their profits – here’s how to minimise liability If you run a limited company in the UK, you must pay corporation tax on your business profits each year.

The PAC criticised a 50 per cent fall in the number of criminal prosecutions by HMRC for tax evasion between 2018-19 and 2023-24, describing the 344 cases brought last year as evidence that the UK had ...

Any taxes already paid by the contractor’s limited company are not considered, which is what leads to double taxation. This new measure gives HMRC the power to offset the amounts of tax and NI ...

I've been operating the payroll for a small limited company for a while and the tax code for one director has remained the same for a couple of years. If ...

The BBC revealed how Green Jellyfish and another company, Kirby and Haslam, were targeted in an early morning raid by HMRC ...

Unfortunately, I have a Limited company client who has been diagnosed with a serious illness and he is currently incapacitated.

An estimated 1.1 million people missed the deadline for filing their annual tax returns, according to HM Revenue and Customs (HMRC). They now face a penalty of at least £100 for missing the cut ...

HMRC has opened a new disclosure ... that this new facility should only be used if the company is out of time to amend its corporation tax return and if the business feels there are errors within ...