
Corporation tax, dividend tax and director's loans all changed for 2026/27 — and if your company's profits sit between £50,000 and £250,000, you're paying an effective rate of 26.5% whether you realise it or not. This complete guide covers corporation tax rates and marginal relief, the best way to pay yourself as a director, allowable expenses, benefits in kind, company cars, pensions, capital allowances, R&D relief, VAT, IR35, closing a company and every key 2026/27 deadline. Whether you're weighing up salary versus dividends or simply want to know what's changed since last year, this is your one-stop reference. Read the full guide, then get in touch with Cannon Accountants if you'd like your own figures checked against it.
Read MoreThe routine services you would expect us to provide are listed below but it’s the important ongoing professional advice that really helps our clients.
.jpg)
Explore 20 essential questions about using trusts in the UK for tax planning, inheritance, and property protection. This in-depth guide explains how trusts work, who they benefit, and how they can reduce income and inheritance tax liabilities. Perfect for high-net-worth individuals and business owners, it offers practical tips and examples in plain English. Written by trusted accountants in Kent.
%20Claim%20in%20the%20UK%20(tiny).jpg)
Wondering if you can claim tax relief on interest paid for business loans in the UK? This guide breaks down which types of loans qualify, what HMRC allows, and how to avoid common pitfalls that could cost you valuable deductions. Learn the rules for sole traders, limited companies, and property investors — plus how to track your borrowing properly. Maximise your tax savings with practical, easy-to-follow advice.
.jpg)
Deregistering from VAT might seem like a smart move — but it could cost you thousands if you get it wrong. In this essential guide, we reveal the hidden traps, surprising rules, and real-life stories HMRC doesn’t tell you. Before you deregister for VAT, read this. It could save your business.
.jpg)
Thinking of gifting your home or savings to your children to avoid Inheritance Tax? It’s possible — but not without rules, risks, and legal traps. This expert guide explains how to gift assets the right way, avoid common pitfalls like the 7-year rule, and use smart strategies like joint ownership, trusts, and income gifting. Discover what works, what doesn’t, and how to protect both your legacy and your loved ones.


We are experienced certified accountants in Kent that are committed to helping small businesses achieve growth.