Corporation tax is payable if you are doing business as a limited company, any foreign company with a UK branch or office, a club, co-operative, or other unincorporated association, eg a community group or sports club.

Taxable profits for Corporation Tax include

• The money your company or association makes from:
• Doing business (‘trading profits’)
• Investments
• Selling assetsfor more than they cost (‘chargeable gains’)
• If your company is based in the UK, it pays Corporation Tax on all its profits from the UK and abroad.
• If your company isn’t based in the UK but has an office or branch here, it only pays Corporation Tax on profits from its UK activities.

Groopacc Taxation has corporation tax specialists who are qualified and experienced in advising on efficient tax planning. We help our clients in registering and filing their corporation tax returns while ensuring they pay only the right amount of tax.

We helped our clients to minimize their company’s Corporation Tax Liabilities. This can help to maximize the number of funds available to reinvest in the business or return to shareholders. Groopacc Taxation specializes in Corporation Tax, we help our clients to understand and to cope up with the complex Corporate Tax legislation together with efficient Tax planning services.

• We identify all tax reliefs available options that fit with the specific organization and claim all possible allowances such as capital allowances, annual investment allowance, research, and development expenditure.
• Groopacc Taxation partners regularly update themselves with the changes in legislation and advise our clients with general and specific industry updates.
• Groopacc Taxation take your burden and deal with HM Revenue & Customs on your behalf in order to solve all issues related to your company.
• Groopacc Taxation advises on the optimum group and shareholding structures so that the company and shareholders can be benefit from a reduced liability.
• Groopacc Taxation review expenditure to plan in a Tax efficient manner.