Limited Company

Limited companies have several advantages here in the UK, but for that, you need to be on time and well-informed to be able to take advantage of the incentives that the British government offers such as CAPITAL ALLOWANCE, R&D TAX RELIEF, for example.
The CORPORATION TAX is the tax levied on the company’s profit, which can be paid annually or quarterly depending on the volume of revenue. In 2020/2021 the rate is 19%, but the entrepreneur may still have to pay PAYE, VAT, INSURANCE CONTRIBUTIONS, TAX ON DIVIDENDS, etc.

To learn more and improve your accounting efficiency, contact us.