Disappointed About Tax Small Businesses

Hello you very wonderful and intelligent people that make up this forum. I truly hope you are doing well and having another successful week.

With the UK Corporation Tax slowly increasing and its around 25% now, i am making sure i am claiming back all allowances i possibly can. However, its disappointing as a small business how high taxes are becoming, there really should be some incentives for small businesses. I kindly wondered what else i could do to reduce my Corporation Tax please? I know some businesses have companies abroad that they operate from the UK, but i believe these would still be subject to UK tax if its managed in the UK. I kindly wondered if this would be an acceptable strategy please and whether this would lower my UK Corporation Tax rate, it just seems unfair that companies like Amazon can exploit tax loopholes? If anyone kindly had any thoughts on this i would be forever grateful and thankful it would mean the world to me.

Sending you lots of good wishes and i truly hope you achieve massive success with your business goals and have a wonderful and amazing life. Very best wishes to you all.

What's your alternative?

move abroad or live with it.

robertbanking said:

I know some businesses have companies abroad that they operate from the UK, but i believe these would still be subject to UK tax if its managed in the UK

Click to expand...

yes if the PE is in UK the company pays UK tax too

robertbanking said:

t just seems unfair that companies like Amazon can exploit tax loopholes?

Click to expand...

they paid probably millions to tax lawyers to find such loopholes
you can do it too, its just expensive