Corporate Tax Planning Services
With offices across Scotland in Aberdeen, Dundee, Edinburgh and Glasgow, our tailored corporate tax planning services help optimise your corporate strategy and drive sustainable growth for your business.
Our Corporate Tax Services
Corporate Tax Planning
We provide expert corporate tax planning to help businesses minimise tax liabilities, maximise available reliefs and identify tax-efficient opportunities.
Tax Compliance and Reporting
Our team manages all aspects of corporate tax compliance, from tax returns to relief claims, helping you stay compliant and reduce tax liabilities.
Creative Tax reliefs
We help innovative businesses maximise creative industry tax reliefs, providing expert guidance on identifying and claiming available incentives.
Tax Investigations
Our team manages HMRC tax investigations on your behalf, providing expert support and representation while protecting your interests and minimising business disruption.
International Tax Advice
We provide expert international tax advice to help businesses manage cross-border operations, ensure compliance and optimise global tax opportunities through our worldwide PrimeGlobal network.
Corporate Allowance
Our team helps businesses maximise available capital allowances on property, equipment and qualifying expenditure, ensuring valuable tax relief opportunities are identified and claimed efficiently.
Employee Benefits Accounting Services
Our employee benefits service helps manage your employee benefit reporting and we provide advice in this area for a significant number of our clients. This involves consideration of benefits, varying in levels of complexity, for employers across Scotland and the UK, with only one employee, to those with many employees.
Why choose Henderson Loggie for your Corporate Tax needs?
Expert guidance:
Our team brings extensive experience and expertise in corporate tax planning and compliance to ensure your business remains compliant with all regulations.
Tailored service offerings:
We understand that every business is unique. Our personalised approach ensures that our services are tailored to meet your specific needs and objectives, helping you focus on achieving your business goals.
Proven track record:
With a track record of successful tax planning and compliance strategies, you can trust us to deliver results that drive business growth and maximise shareholder value.
Schedule a consultation today and discover why businesses trust us to navigate complex tax landscapes with precision and expertise.
Employee Share Schemes – Implementation & Support
We offer practical Share Scheme services designed to enhance your business’s financial landscape. Our team of experienced accountants and tax specialists is dedicated to creating tailored solutions that align with your company’s goals, promoting growth and fostering employee engagement.
Corporate Tax Planning FAQs
Corporation tax is a tax levied on the profits of companies operating in the UK. It applies to both UK-resident companies and non-UK incorporated companies with a taxable presence in the UK.
Corporation tax is payable annually and is usually due nine months and one day after the end of the company’s accounting period. However, for companies with large profits or those with other related entities, there may be a requirement to make corporate tax payments on an instalment basis.
Allowable expenses for corporation tax purposes include costs incurred wholly and exclusively for the purpose of the trade, such as employee salaries, office rent, and business-related travel expenses.
Yes, there are various tax reliefs and incentives available to reduce corporation tax liabilities, such as Research & Development tax credits, capital allowances, and reliefs when a qualifying trading company within a group is sold.
Penalties for non-compliance with corporation tax regulations can vary depending on the circumstances.
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- 1 day late after deadline: £100
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- 3 months late after deadline: Another £100
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- 6 months late after deadline: Additional 10% tax geared penalty. This is based on the unpaid tax at that date.
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- 12 months late after deadline: Another 10% tax geared penalty of any unpaid tax.
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- If 3 returns are late in consecutive periods, the flat rate penalties increase from £100 to £500.
Ensuring compliance with corporation tax regulations involves maintaining accurate financial records, filing tax returns on time, and staying informed about changes to tax laws and regulations.
Seeking advice from tax professionals like Henderson Loggie can help you navigate the process and ensure your business meets all its compliance obligations.
If your business is undergoing a tax investigation by HMRC, it’s important to seek professional advice immediately. At Henderson Loggie, we provide expert support and representation during the investigation, ensuring that your rights are protected and helping you achieve a fair resolution.
Meet our specialist Corporate Tax team
Kimberley Thomson
Partner & Head of Tax
Bradley Johnston
Director in Tax
