Corporation TaxAssistance

Corporation Tax in the UK is anything but simple, that’s why Shorts offers wide-ranging, specialist advice that can turn business tax planning into real, strategic opportunities.

Corporation TaxAssistance

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“We don’t hesitate to refer our clients to Shorts as we know they will be a safe pair of hands.”

Roy Deaver, International Tax Partner at Moss Adams

Corporation Tax is a fact of life for business.

However, Corporation Tax need not be a headache for business owners, and our experienced team of tax advisers takes pride in helping businesses navigate all taxes.

This doesn’t just mean Corporation Tax compliance. By taking time to fully understand your business and its goals, our team will deliver bespoke, strategic tax advice that works for you.

How the shorts team can help

Shorts will look at your Corporation Tax position with a wide lens, ensuring no opportunity is missed, and that any potential pitfalls are avoided. This includes, but is not limited to:

  • Ensuring your Corporation Tax returns are fully compliant;
  • Identifying and maximising any applicable tax relief opportunities, e.g. R&D reliefs and Capital Allowances;
  • Implementing a tax effective business structure (for example to ring fence valuable assets);
  • Reducing your Corporation Tax exposure wherever possible;
  • Assisting with any HMRC inspections your business may be subject to;
  • Quarterly Instalment advice.

Corporation tax reliefs and allowances

There are several valuable incentives that are also available to businesses, many of which can significantly reduce Corporation Tax liabilities by way of reliefs or allowances.

The Shorts team has decades of experience assisting with Corporation Tax relief claims, maximising the value of reliefs, and ensuring claims are fully compliant.

  • Maximising tax relief on Property and Equipment through Capital Allowance claims
  • Research and development (R&D) tax credits
  • Patent box relief
  • Innovation grant funding

For specialist advice in claiming tax reliefs for innovation, contact our Radius R&D team today.

Other tax planning and protection services

Our strategic tax advice for businesses extends beyond Corporation Tax, and includes specialist VAT advisory services, and tax efficient succession planning for exiting shareholders, including transitioning to employee ownership.

Our team also includes specialists in HMRC tax investigations – as your dedicated accountant, we will be here to help you manage any tax enquiries you might receive as part of our Tax Investigation Service.

What our tax clients say about us

Testimonials

Shorts are excellent at spotting opportunities. It’s part of the relationship where Shorts come back to me and say "do you know about this?"

Stuart Murphy
Rollem Patent Products Limited

The R&D and capital allowances work we did in the last financial year with Shorts saved the Company a six-figure sum in Corporation Tax.

Ashley Holmes
Penny Hydraulics Limited

Shorts keep Vivid up to date with the latest legislation and are very eager to save us money where possible with tax planning. We’ve also benefitted from using Radius and will continue to do so.

Gerry Arcari
Vivid Creative Limited

Business Taxes Updates

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Mini Budget, September 2022: The government’s plans for growth

For information of users: This material is published for the information of clients. It provides only an overview of the regulations in force at the date of publication, and no action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a result of the material can be accepted by the authors or the firm.

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