Corporation Tax is increasing
Corporation Tax is increasing
An overnight increase from 19% to 25%
March 16, 2023

This week, Ross and Simon meet to discuss the changes to Corporation Tax coming into place from 1st April. The overnight change from 19% to 25% will affect the vast majority of our clients with businesses, but there also seem to be more rules and complexities that come along with this.

Take a look at this short video to find out more about how this change will effect you and your business.

The information contained in this article is based on the opinion of Hive Business and does not constitute formal tax advice. Any tax outcomes will be based on individual circumstances, tax legislation and regulation, which are subject to change in the future. You should seek specific advice before embarking on any course of action. Hive Business does not provide regulated Financial Advice, including advice on investment, insurance or lending products or their suitability for you. This article is provided for information only and does not constitute, and should not be interpreted as, investment advice or a recommendation to buy, sell or otherwise transact, or not transact, in any investment including Bitcoin and other crypto. Any use you wish to make of any information contained within this article is, therefore, entirely at your own risk.

By Simon Vincent Tax Director
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