Company Pension Contributions‍

Contributions that you make to a company pension scheme are not only tax-efficient but are also an allowable expense when calculating your corporate tax liability.

Remuneration Strategy‍

Reducing your salary and maximising dividends can provide you with access to state benefits in a way that attracts no National Insurance contributions and has no tax implications. Regularly reviewing your income withdrawals is essential though.

Claiming Allowances‍

Any allowance that you are entitled to that could reduce your Corporation Tax Liability should be claimed. Some allowances such as Research and Development Relief and Capital Allowances are only partially claimed or never claimed at all. However, as this is a complex area, getting professional advice is essential.

Contact us today to get expert advice on how you can legally reduce your Corporation Tax.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.