If a finance team wants to know how to reduce corporation tax UK, the uncomfortable starting point is this. A large share of smaller companies still aren’t using the reliefs already available to them. According to HMRC, the UK Corporation Tax gap reached 15.8% of theoretical liability in 2023-24, equating
A business can be profitable on paper and still feel financially unclear day to day. Orders are moving, the team is busy, turnover has climbed past the early-stage phase, yet key decisions still depend on last quarter’s numbers, rough instinct, and a year-end meeting that arrives too late to influence
R&D tax credits for SMEs can still be a meaningful cash flow lever, but they no longer reward loose narratives and rough cost estimates. A Finance Director in a £1 million to £15 million turnover business balances product investment, margin pressure, headcount decisions, and Corporation Tax. In that setting, R&D
A finance director reviews a customer contract that looks commercially sound, but the accounting treatment no longer feels straightforward. There is a set-up phase, a support element, a pricing clause that depends on delivery milestones, and a renewal option that sales expects to convert. Under the frs 102 changes, that
