Guides, explainers and observations from the Edgewise team - covering bookkeeping, VAT, payroll, year-end and the practical side of running a financial back-office.
Corporation Tax remains one of the most important compliance areas for UK limited companies. For the 2026/27 tax year, the headline rates remain unchanged, but changes to capital allowances, penalties and filing requirements mean accountants still need to review their Corporation Tax processes carefully.
For UK businesses, tax compliance is rarely about remembering just one date. Corporation Tax, VAT, PAYE, Self-Assessment, Companies House filings and Making Tax Digital requirements all operate on different timelines.
VAT may appear straightforward when transactions are limited, but as a business grows, choosing the right VAT accounting method can significantly affect cash flow, administrative workload and the way VAT is reported to HMRC.
The first Making Tax Digital for Income Tax quarterly update is due on 7 August 2026. Client records must be sufficiently complete and digitally maintained before it can be submitted.
HMRC compliance is not limited to one annual tax return. Accounting practices must manage payroll, PAYE, VAT, Corporation Tax, Self Assessment and year-end obligations across multiple clients.
Corporation Tax is no longer calculated by applying one rate to every UK company. The applicable rate depends on taxable profits, Marginal Relief and associated companies.
Our team handles bookkeeping, VAT, payroll and year-end accounts for clients across the UK and India.
Talk to Our TeamConnect with Edgewise for dependable financial back-office support tailored to your business needs.
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