Corporation Tax & VAT

We are able to conduct a full tax review of your business to determine the most efficient tax structure for you. Such reviews can result in considerable tax savings which produce real improvements to your bottom line.

Corporation Tax

As with any other area of taxation, it is essential to be forward thinking and plan ahead when dealing with Corporation tax. In this way you can:

  • Make the most of any available reliefs, tax losses and deferment opportunities.
  • Minimise your corporation tax liabilities.
  • Ensure you meet all your Corporation Tax Self-Assessment deadlines and file your returns correctly, thereby avoiding any potential penalties.

One specific area we look at to achieve a reduction in Corporation tax, where available, is research and development (R&D) tax credits. Companies that spend money on developing new products, processes or services or improving existing ones, are eligible for a cash payment or a Corporation tax reduction of up to 33p for every £1 of qualifying expenditure, and such claims can be significant. We have secured many substantial rebates for our clients in various industries.


The complex regime of VAT regulations imposes a tremendous administrative burden on businesses. If your turnover is over the VAT threshold you will probably need to register your business for VAT. Even if your turnover is below the threshold, on occasion, VAT registration maybe advantageous. From a review of how your business intends to operate, we can ensure that the correct VAT procedure is set up at the start of your business or project and this can help avoid complications later on.

We can

  • Advise on the pros and cons of voluntary registration.
  • Help register your business for VAT with HMRC either as an individual company or where appropriate create a VAT Group registration.
  • Prepare your monthly or quarterly VAT returns, ensuring there are no discrepancies on submission.
  • Review any one-off ventures which may have an unusual VAT angle (often found to be the case with construction projects). Here we can advise on the best way to proceed once all the VAT implications have been carefully considered.

In addition to helping you with your Corporation tax or VAT planning we can also represent you in any communication with the tax authorities.

Contact us today to discuss how we can help you stay ahead in Corporation tax and VAT planning.