Corporate Tax

Explore our tailored Corporate Tax services and optimise your corporate tax strategy and drive sustainable growth for your business.

At Henderson Loggie, we provide expert advice to help businesses navigate the intricate world of corporation tax. Our seasoned team of tax professionals specialises in providing comprehensive solutions tailored to the needs of businesses across diverse sectors.

With a deep understanding of complex tax landscapes, we guide our clients through the intricacies of corporate tax planning and compliance, ensuring peace of mind and financial optimisation.

Understanding the complexities of corporate tax requires expertise and precision. We offer a comprehensive suite of Corporate Tax services designed to meet the unique needs of your business.

From strategic planning to compliance and reporting, our experienced team makes sure that your tax affairs are managed efficiently and effectively.

Corporate tax planning involves developing tax strategies to minimise tax liabilities by efficiently ensuring all relevant tax reliefs have been claimed.

Our team provides expert guidance on tax planning based on your business objectives. We aim to help you achieve your financial goals while remaining compliant with tax regulations.

From restructuring to profit extraction strategies, we will closely work with you to identify opportunities for tax planning and optimisation for your business.

Tax compliance and reporting covers all statutory requirements related to corporate tax, including filing accurate tax returns and preparing disclosures for inclusion in the financial statements.

Our team provides comprehensive tax compliance services and we also offer proactive advice to help you stay ahead of regulatory changes and mitigate compliance risks.

The corporation tax return is a legal requirement for all companies operating in the UK. Our team handles the entire corporation tax return process, from gathering financial data to preparing and submitting the return to HMRC.

We will work with you to ensure that all eligible tax relief opportunities are identified and claimed to decrease your tax liabilities.

Our team of experienced specialists is dedicated to helping clients navigate and benefit from various creative tax reliefs, including:

  • Research & Development Tax Relief (R&D/RDEC)
  • Video Games Tax Relief (VGTR claims) 
  • Museums, Galleries & Exhibitions  Tax Relief (MGETR claims)
  • Theatre Tax Relief (TTR)
  • Orchestra Tax Relief (OTR)
  • Animation Tax Relief (ATR)

These creative reliefs can be extremely beneficial to businesses that qualify and we enjoy working with such innovative companies across these sectors.

Tax investigations by HMRC can be complex and time-consuming. We offer robust support and representation during tax investigations, helping clients navigate the process with confidence and ensuring fair outcomes.

Our experienced team handles all communication with HMRC, allowing you to focus on running your business.

Our international tax advisory services help businesses manage the complexities of cross-border operations. Our tax specialists provide strategic advice on international tax planning to optimise opportunities and navigate the intricate landscape of global taxation.

We ensure your business remains compliant with all relevant tax regulations, enhancing your competitiveness on the global stage.

We are your trusted partner for expert corporation tax services. Our dedicated team is committed to assisting you with all your corporate tax needs from ensuring compliance to supporting cross-border expansion.

We are also part of PrimeGlobal, an award-winning association comprising more than 300 highly successful independent member firms in over 112 countries. By being part of the association, we provide our clients with access to valuable connections and expertise across the globe.

We understand that businesses often have questions about corporation tax. Here, we address some of the most common queries to help you gain a better understanding of this important topic.

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.

  • 1 day late after deadline: £100
  • 3 months late after deadline: Another £100
  • 6 months late after deadline: Additional 10% tax geared penalty.  This is based on the unpaid tax at that date.
  • 12 months late after deadline: Another 10% tax geared penalty of any unpaid tax.
  • 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.

Corporate Tax Advice

Have a look through some of our most recent content. If you would like to speak to us further on any of the topics then please get in touch.

Meet our Specialist Corporate Tax Team

Kimberley Thomson

Kimberley Thomson

I am head of tax for the firm and work closely with all of the offices.  I have over 20 years’ experience working for the big 4 firms, advising clients on their UK and international…
Dawn MacDougall

Dawn MacDougall

I was previously head of tax in EY’s Inverness office where I worked with owner-managed businesses and landed estates throughout the UK. I qualified as a Chartered Accountant in EY’s Edinburgh office and before re-joining…
Bradley Johnston

Bradley Johnston

I am a corporate tax specialist with over 10 years’ experience providing a broad range of tax compliance and advisory services to a variety of companies, from owner-managed businesses to multinational groups.  I am also…
Susan Pattison

Susan Pattison

I specialise in Charities Taxation and Cultural Tax Reliefs including Theatre Tax Relief, Orchestra Tax Relief and Museums & Galleries Exhibition Tax Relief.  I advise charities on restructuring, charitable trading and their corporate tax obligations…