Tax

Limited Company Expenses Guide

The Orenda guide to limited company expenses

When you operate a limited company, the amount of corporation tax your company pays is based on the profits chargeable to corporation tax. Profit means company income less company expenses. Therefore by reducing your company profit, you are lowering the amount that the company corporation tax is calculated upon. Allowable expenses are a perfectly legal …

The Orenda guide to limited company expenses Read More »

guide to VAT for businesses

Guide to Value Added Tax for Businesses | VAT Explained

What is VAT? Value added tax is a general tax that applies to all commercial activities involving the production and distribution of goods and/or provision of services. VAT is a tax on consumer expenditure and is collected on business transactions, imports and acquisitions. Most business transactions involve supplies of goods or services. VAT is payable …

Guide to Value Added Tax for Businesses | VAT Explained Read More »

Request a callback
Please supply us with your contact details so we can get in touch with you.
This website uses cookies to ensure you get the best experience on our website.