Corporate Taxation

Corporation tax (CT) is charged to companies with limited liability, these are the ones that have limited after their name, as such it is part of the procedures for preparing company accounts.

Sometimes our clients’ want early indications of actions that might take to mitigate their CT liability. This can potentially be in the form of additional payments into a company pension scheme or by advancing capital expenditure. Recently we have had additional allowances for certain capital purchases and once again advancing a decision to spend might give rise to a good CT saving.