Minimise your corporation tax burden with JGTAX

Expert corporation tax services tailored to your business needs.

Expert guidance on corporation tax

Navigating corporation tax in the UK can be complex and challenging, especially for businesses new to the country or experiencing rapid growth. Staying updated on the ever-evolving regulations, calculating accurate tax liabilities, and ensuring timely compliance can be daunting.

Our team is well-versed in the latest tax laws and regulations, providing tailored advice to minimise your corporation tax burden and maximise profits.

With JGTAX as your partner, you can focus on growing your business while we handle the complexities of corporation tax. Our team has a strong focus on Chinese businesses and is well-equipped to address the unique challenges Chinese entrepreneurs operating in the UK face.

How our expert corporation tax accountant can help you

Comprehensive accounting

We provide comprehensive tax accounting assistance based on UK GAAP, FRS 101, FRS 102, or IFRS.

CT600 submission

Our team prepares and submits your CT600 on time, ensuring compliance with HMRC regulations.

Loss and relief optimisation

We help you maximise the use of corporate losses and group relief to minimise your tax liability.

HMRC registration

We guide you through the process of registering your business for corporation tax.

HMRC enquiry representation

Our team deeply understands HMRC procedures and can effectively negotiate on your behalf.

Capital allowances

We can help you calculate relief on capital expenditure and optimise your capital allowance claims.

Deadline and obligation awareness

We inform you about upcoming deadlines and ensure compliance with corporation tax obligations.

Debt structure analysis

We analyse the tax implications of your debt structures, including corporate interest restrictions.

Tax planning and advice

Our specialists offer strategic advice to minimise corporation tax liability and maximise profits.

Talk to one of our corporation tax expert today!

Call us! 020 3289 1688. We’re available from 10 am to 6 pm, Monday to Friday.

Or reach us by email: info@jgtax.co.uk

Tax investigation services

Even with careful planning, your company could face a tax investigation by HMRC. JGTAX offers comprehensive tax investigation services to mitigate stress and ensure a smooth resolution. Our team will thoroughly analyse your situation, represent you during inquiries, and negotiate with HMRC on your behalf.

In addition, JGTAX can advise you on tax investigation insurance, which can provide financial security in case of an investigation. This insurance can cover legal fees, accountant fees, and other expenses associated with a tax investigation.

Who we work with?

SPV companies

We assist SPV companies with their complex tax structures, ensuring compliance with UK tax regulations and optimising their tax position.

Limited companies

We help limited companies navigate the intricacies of corporation tax, from filing returns to claiming tax reliefs, ensuring accurate and timely compliance.

Immigration visa accounting

We assist individuals applying for UK visas by providing accurate financial records, preparing tax returns, and providing necessary documentation to meet visa requirements.

International business branch in the UK

We provide tailored tax advice to international businesses operating in the UK, including compliance with transfer pricing regulations and double tax treaties.

Why choose us?

Peace of mind

Let JGTAX handle the complexities of UK corporation tax. Focus on what matters – growing your business – with the comfort of expert guidance.

Tailored solutions

We understand each business is unique. We take the time to understand your specific needs and develop a customised corporation tax strategy aligned with your goals.

Proactive tax planning

We go beyond compliance, proactively identifying all available reliefs and allowances to minimise your tax burden and maximise your profits.

Full HMRC support

From registration to potential enquiries, we handle all your HMRC interactions. Our experienced team represents you effectively, protecting your rights and ensuring a smooth resolution.

Streamlined process

We leverage efficient technology to ensure a smooth and timely corporation tax service, freeing you to focus on running your business.

Transparent communication

We believe in open communication and keep you informed throughout the corporation tax process. We are here to answer any questions, too.

I have been using JGTAX’s services for five years now, and I am incredibly grateful for their support in the growth of my company. They have a professional and efficient team, and most importantly, they offer meticulous and comprehensive services. Whenever I have questions, they always provide prompt and effective assistance.

Frequently Asked Questions

Can I claim capital allowances to reduce my corporation tax liability?

When you invest in your business, it can lead to significant rewards beyond just expansion. Capital allowances enable you to make deductions against your corporation tax bill for specific assets. Here’s a brief overview:

Eligible assets: Plant and machinery, computers, and vehicles may qualify for capital allowances.

Annual Investment Allowance: This provision allows you to claim a certain amount of capital expenditure each year, reducing your tax bill.

Maximising your claim: It’s crucial to ensure you claim the maximum allowable capital allowances for your business, which can enhance your tax efficiency.

Capital allowances serve as a reward for your business’s commitment to investing in its future.

What’s the deadline for filing corporation tax returns?

The deadline for submitting your corporation tax return depends on your company’s accounting date. For businesses other than new businesses, the breakdown is as follows:

Corporation tax payment: 9 months and one day after the end of the accounting period.

Corporation tax return: 12 months after the end of the accounting period

The tax payment is made prior to the return being submitted but you will obviously need to complete the return to understand how much corporation tax to pay.

It’s important to note that missing the deadline can result in penalties. We will manage the necessary paperwork on your behalf to avoid any issues.

How can I manage corporation tax if I have multiple income streams?

Handling corporation tax can become more complex when dealing with multiple income streams. However, by following these guidelines, you can navigate this process effectively:

Detailed records: To ensure accurate tax reporting, thorough and separate records for each income stream are essential.

Consolidated return: If your income streams are interconnected or related, you can file a consolidated corporation tax return, streamlining the process.

Expert guidance: Seeking advice from specialists can help you navigate the intricacies of multiple income streams and ensure compliance with HMRC regulations.

Let us manage the intricacies of accounting while you concentrate on expanding your business.

Can you help with corporation tax relief for business losses?

Carrying forward business losses can be a tax-saving strategy. Our services include the following:

Identifying eligible losses: We analyse your financial records to determine if you have any eligible business losses.

Carrying forward losses: We advise you on how to take forward losses to offset future profits and reduce your corporation tax liability.

Maximising tax benefits: We ensure you claim the maximum relief for your business losses.

Accreditation

We are members of ICAEW and FCCA. This certification guarantees that we maintain the utmost ethical and professional standards.

Have questions about corporation tax?

Fill out our contact form to schedule a consultation.