Corporation Tax Loans – what are they?

What is a Corporation Tax Loan?

Essentially, corporation tax loans help with corporation tax which is a direct tax set in place in order to tax the net income of a company. It can be imposed on certain levels, and in the UK it is imposed upon any UK resident company. Alternatively, it can be any organisation registered overseas with a permanent establishment in the UK. It’s calculated on your yearly profits, similar to how income tax is calculated for individuals. You must start to pay it as soon as your business makes profit, and is in the form of a direct tax. The current corporation tax rate stands at 19% for all limited companies, and has been this way since 2016. You must make sure to pay your corporation tax by the deadline. This is nine months and one day after your accounting period, from your financial year previously.

Why choose Scaffold Finance to help you with your corporation tax loans?

Scaffold Finance can provide corporation tax loans with a simple, fast and cost-effective process. We offer several benefits which are listed below. We make sure the process is easy and manageable for you and your business. Allowing you to gain approval within 24 hours means that even if you have any last-minute corporation tax to cover, we can help.

A corporate tax bill is usually a cash requirement, which is why many scaffolding companies choose to spread the cost and therefore come to us. Another good thing is that we can do this over a timeframe that suits you.

Benefits

• Cash flow

You will be able to keep funds in your business to be used elsewhere

• Alternative funding lines

No need to use up an existing bank facility

• Quick and simple to arrange

Simply use our free to use calculator or give us a call on 01494 506 383.

• Fixed monthly payments

Easy fixed repayment schedule with fantastic rates.

• Approval within 24 hours

Scaffold Finance prides itself on fast and quality customer service.

You can visit our page on business loans here to learn more about what we can offer you and what we can do for your business, as well as an expanse on the benefits. Also on this page is our business loans calculator where you can view how much your monthly repayments and total amount repayable will be using different examples of values.

Contact Us

If you would like any more information on what we can offer you and your business here at Scaffold Finance, then please don’t hesitate to get in touch with us. Either give us a call on 01494 506 383 or alternatively email us on hello@scaffoldfinance.co.uk.