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Escape the Confusion: Understand UK Corporation Tax!

Escape the Confusion: Understand UK Corporation Tax! Corporation tax is a financial obligation that every company operating in the United Kingdom must grapple with. It's not just about the numbers; it's about the intricate rules, exemptions, and implications that come with it. In this video, we'll break it all down for you, making complex tax jargon easy to understand. If you've ever wondered what corporation tax is all about and who bears the responsibility of paying it, you're in the right place. So, join us as we explore the ins and outs of corporation tax, shedding light on who pays it and why it matters. Let’s get started! MDH Accountants is an award-winning firm based in Accountants Surrey and Accountants London. Our Director, Michael Hemme is known as the Wealth Whisperer! If you like this video, don't forget to Subscribe to our channel!  ⇩⇩⇩ Watch our Tax Savings video here ⇩⇩⇩    • Revealing the Benefits of a LIMITED C...   Time Stamps:  00:00 - Corporation Tax in the UK 00:17 - What is corporation tax? 00:30 - Two rates of corporation tax 01:28 - When to file your corporation tax returns? 02:51 - Paying your corporation taxes 03:15 - Is it better to pay your taxes in advance? 04:28 - Ways to reduce your tax bill 06:06 - Make sure you are claiming all reliefs 06:40 - What if you have two/more companies under the same ownership? 07:51 - Remember the basics 08:28 - Other strategies to implement Disclaimer: The tax rates mentioned in this video are based on the current rates in 2023. Please be aware that tax laws and rates can change over time. It's essential to consult with a qualified tax professional or financial advisor for the most up-to-date and accurate information tailored to your specific situation. If you have any questions or require personalized assistance, feel free to contact us today. We're here to help you navigate your financial matters effectively. ________________________________________________________ Contact Us & Book a Meeting Calendly: https://www.mdh.me.uk/book-call/ Business Growth Book https://www.mdh.me.uk/get-your-copy-o... Tax Saving: 74 Ways To Pay Less Tax https://www.mdh.me.uk/74-ways-to-pay-... Funding: A Free Guide for Business Owners in The UK: https://www.mdh.me.uk/funding-guide-u... ________________________________________________________ Say Hi on Social Media: Facebook:   / accountantslondon   Linkedin - Michael:   / michaelhemme   LinkedIn - MDH:   / mdh-business-advisers-limited   Instagram:   / mdhaccountants   TikTok:   / mdh_accountants   ________________________________________________________ #corporationtax #tax #businessowner #smallbusiness Content ID Code: LDP4J90SOLVF1OMZ    • Escape the Confusion: Understand UK C...   Disclaimer: This content is for educational and entertainment purposes only. The information provided, including any details on VAT, tax rates, regulations, etc., is general in nature and may be subject to change. Always consult professional advisors and check for the latest updates before making financial or business decisions.

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