The UK has the longest tax code in the world, so preparing even the most straightforward tax return can be complicated. There are various deadlines and responsibilities for taxpayers to be aware of.
Every limited company that is based in the UK is subject to corporation tax on their profits. Limited companies that are non-UK based can still be expected to pay corporation tax
If your business has expanded and you need to employ more people then it’s understandable to feel daunted by the duties required to run a payroll on top of everything else you need to do. Meeting your obligations as an employer to HM Revenue and Customs (HMRC) can be confusing and time-consuming. Furthermore the increased responsibilities to your employees surrounding auto enrolment pension contributions can really add to the workload.