Corporation tax rules are becoming increasingly complex, with more scrutiny from HMRC and frequent legislative changes. Our expert team takes care of your corporation tax obligations, helping you plan ahead and make informed business decisions.
At Forrester Boyd, we deliver proactive tax planning and compliance services tailored to your business. We don’t just prepare tax returns — we work with you throughout the year to ensure you’re making the most of every opportunity.
We handle every aspect of your corporation tax return, ensuring accurate calculations, timely submission, and full compliance with HMRC regulations.
Our advisers help you plan effectively, identifying opportunities to reduce your tax exposure and improve cash flow through efficient structuring and timing of transactions.
We help you make the most of reliefs such as capital allowances, R&D tax credits, and loss reliefs, ensuring your business benefits from every available incentive.
From limited companies and partnerships to larger corporate groups, we work with a wide range of businesses across multiple sectors.
Our approach is always tailored, ensuring our advice aligns with your commercial goals and operational realities.
We stay ahead of changing legislation, providing you with up-to-date guidance and clear communication so you can make confident, well-informed decisions.
Our expertise includes:
Corporation tax planning is about more than meeting deadlines — it’s about supporting growth and strengthening your financial position.
Our hands-on, proactive approach ensures that every part of your business strategy takes tax efficiency into account.
We’ll work closely with you and your finance team to provide meaningful insights that add real value to your decision-making.
We’ve included some of the common questions we’re asked about corporation tax, but our team is always happy to discuss your specific situation in more detail.
Corporation Tax is a tax on the profits made by UK limited companies, as well as some other organisations such as clubs and associations. If you run a limited company, you must calculate your taxable profits, file a Company Tax Return and pay any tax due to HMRC by the required deadlines.
Corporation Tax rates currently depend on the level of your company’s profits. Companies with lower profits may benefit from a reduced rate through the small profits rate while higher profit companies pay the main rate. Where profits fall between the two thresholds, marginal relief may apply. The rates can change at each Budget so it is important to check the current figures or speak with your accountant for accurate guidance.
You can generally deduct expenses that are wholly and exclusively for business purposes. This includes costs such as staff wages, office rent, professional fees, marketing, and certain equipment. Some items have specific rules or may need to be capitalised rather than deducted. Accurate bookkeeping helps ensure you claim the right reliefs while meeting HMRC requirements.
Your Company Tax Return is usually due 12 months after the end of your accounting period, although Corporation Tax itself is normally payable nine months and one day after that period ends. Larger companies may have different payment schedules. Missing deadlines can lead to penalties so it is wise to plan ahead and seek advice if anything changes in your business.
