{"id":1578,"date":"2023-12-05T13:00:00","date_gmt":"2023-12-05T13:00:00","guid":{"rendered":"https:\/\/ctt-group.co.uk\/accountancy\/?p=1578"},"modified":"2024-01-18T14:56:15","modified_gmt":"2024-01-18T14:56:15","slug":"a-guide-to-business-tax-in-the-uk","status":"publish","type":"post","link":"https:\/\/ctt-group.co.uk\/accountancy\/a-guide-to-business-tax-in-the-uk\/","title":{"rendered":"A guide to business tax in the UK"},"content":{"rendered":"
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As a business owner, knowing what taxes you need to pay, and when, is vital. This guide outlines the various types of business tax in the UK, who is liable, and ways in which to manage payments.<\/p>\n

UK business taxes <\/strong><\/p>\n

Whether you\u2019re a sole trader or a limited company, managing your taxes is a crucial part of running a successful business. Not only is it important for cashflow purposes and accurate projections, but getting your business tax wrong can be a costly mistake.<\/p>\n

In the UK, there are 7 types of business tax. Which taxes you are liable for depends on several factors such as the amount of profit you make, your business structure, and how you choose to pay yourself as the business owner. Because of this, you may not have to pay every kind of business tax. The main UK business taxes are:<\/p>\n