UK Business & Employer Guides
20 guides on Corporation tax, sole trader, limited company, payroll, and employer duties.
Annual Investment Allowance — InvestmentKit
the UK Annual Investment Allowance: £1m AIA on plant and machinery 100%, time limits, exclusions, chargeable periods, claiming on CT return.
Business Expenses — InvestmentKit
UK business expenses: wholly and exclusively test, capital vs revenue, travel, home office, entertaining, trivial benefits, P11D, mileage rates.
Business Rates — InvestmentKit
UK business rates: non-domestic rates, rateable value, multipliers, small business relief 100%, retail/hospitality relief, appeals.
Capital Allowances — InvestmentKit
UK Capital Allowances: Annual Investment Allowance £1m, writing down allowances 6%/18%, special rate pool, structures and buildings allowance.
Construction Industry Scheme — InvestmentKit
the UK Construction Industry Scheme: CIS 20% deduction, 30% unregistered, gross payment status, CIS300 returns, verification, penalties.
Close Company Rules — InvestmentKit
UK close company rules: 5 or fewer participators, loans to participators s455 charge 33.75%, benefits, settlement legislation, TCGA s13.
Company Car & Benefits — InvestmentKit
UK company car tax and benefits: BIK based on CO2/emissions, rising rates 2-37%, fuel benefit, van benefit, P11D reporting.
Company Distributions & Dividends — InvestmentKit
UK company distributions and dividends: dividend vs salary, tax on dividends, notional distributions, capital distributions, waivers, records.
Corporation Tax — InvestmentKit
UK Corporation Tax: 25% main rate, 19% small profits rate, marginal relief, CT600 return, payment deadlines, and quarterly instalments.
Creative Industry Reliefs — InvestmentKit
UK Creative Industry Tax Reliefs: film, high-end TV, animation, video games, theatre, orchestra, children's TV relief — rates, cultural tests.
Employee vs Contractor — InvestmentKit
UK employment status: IR35, off-payroll working rules, CEST tool, deemed employment, intermediaries legislation, worker rights differences.
Hiring Employees — InvestmentKit
hiring employees in the UK: employment contracts, right to work checks, minimum wage £12.21/hr, pension auto-enrolment, HMRC new employer pack.
Limited Company Tax — InvestmentKit
UK limited company tax: Corporation Tax, director's salary vs dividends, IR35, company formation, annual accounts, Companies House filing.
National Insurance for Employers — InvestmentKit
UK employer National Insurance: 15% above £9,100, employment allowance £5k, Class 1A on benefits, Class 1B, zero-rate for under-21s.
Partnership Tax — InvestmentKit
UK partnership tax: partnership return SA800, profit sharing, partners' personal returns, limited partnerships, LLPs, mixed partnerships.
Patent Box — InvestmentKit
the UK Patent Box regime: 10% corporation tax on qualifying patent profits, electing in, qualifying patents, streaming profit calculation, R&D precondition.
Payroll & PAYE — InvestmentKit
UK payroll and PAYE: operating PAYE, RTI reporting, FPS/EPS submissions, payroll software, tax codes, payroll deadlines, penalties.
R&D Tax Relief — InvestmentKit
UK R&D Tax Relief: RDEC 20%, SME relief 86% enhanced expenditure, 14.5% payable credit, merged R&D regime, qualifying costs.
Sole Trader Tax — InvestmentKit
UK sole trader tax: self-employment registration, Class 2 and Class 4 NIC, trading allowance, allowable expenses, accounting basis, SA103 return.
Starting a Business — InvestmentKit
starting a UK business: legal structures (sole trader, Ltd, partnership), registering with HMRC, business bank account, VAT registration, business plan.