UK corporation tax rates for 2026/27
The 19% small profits rate, the 25% main rate, and how marginal relief tapers between £50k and £250k of profit.
6 min read
Plain-English guides to UK tax, VAT, IR35, expenses, payroll, and running a limited company. Written by accountants — not marketers.
The 19% small profits rate, the 25% main rate, and how marginal relief tapers between £50k and £250k of profit.
When the FRS saves money vs. when standard VAT comes out ahead — with worked examples for IT contractors and consultants.
Status determination factors, the CEST tool's blind spots, and what to do if your client makes a blanket determination.
Allowable expenses for travel, subsistence, home office, training, equipment — with HMRC reference points for each.
The Primary Threshold, the Lower Earnings Limit, and why £12,570 vs. £9,100 isn't always the right answer.
Tax breakeven, admin overhead, liability, IR35 — the five factors that decide whether incorporating is worth it.
31 January, 31 July, payments on account, and the late-filing penalty schedule — explained without the HMRC jargon.
MTD for VAT, MTD for ITSA (delayed to 2026/2027), and what 'digital links' actually means in practice.
Approved Mileage Allowance Payments (AMAP), the 10,000-mile threshold, and how to track journeys for HMRC review.
Flat-rate expenses for vehicles, working from home, and trading premises — and when actual-cost wins.
How the tax-free dividend allowance, basic-rate band, and corporation tax interact — with optimal 2026/27 numbers.
When a Members' Voluntary Liquidation makes sense (capital gains treatment, BADR), and when you can just file DS01.
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