Corporation Tax Loans

Receiving a large corporation tax bill at the end of the year can put a strain on a business’ cash flow, and this is where Taxloan.co.uk can help. Many companies will take out corporation tax loans to help finance their corporation tax bill.

Corporation tax is the tax levied on the profits that a company makes. If you own a company, you are required to pay corporation tax on any profits that are made from doing business as a limited company in the UK, including any profits that are made abroad. The same rule applies to any overseas company that has a UK branch or office, however for foreign companies with a UK branch, it will only pay corporation tax on profits from its UK activities.

The current rate for UK Corporation Tax is 20%. A company or association will pay corporation tax on any profits gained from;

  • Investments
  • Trading profits
  • Selling assets for more than they were bought for (‘chargeable gains’)

Corporation Tax Loans: Who Does Corporation Tax Apply To?

You must pay corporation tax on the annual profits of your company from doing business if you are;

  • A limited company
  • Any foreign company with a UK branch or office
  • A member’s club, society or association
  • Trade associations
  • Housing associations
  • Groups of individuals carrying on a business but not as a partnership e.g. sports club or community group

A corporation tax bill can end up being a very large sum. As it is required to be paid in a lump sum, this can put a lot of financial strain on a company, especially smaller businesses and associations which may not have the capital set aside to cover the bill themselves. In these situations, many companies apply for corporation tax loans to relieve some of the financial pressure. Corporation tax loans can then be paid back in manageable instalments on a payment plan that suits the business.

Corporation Tax Loans: How Do You Pay Corporation Tax?

Company’s do not receive bills to remind them of their corporation tax until they are overdue. Businesses are expected to work out, pay and report their corporation tax to HMRC themselves, which is why it is essential for a business to ensure all their financial records are kept up to date and in order.

Corporation tax bills do not always fall on convenient times of the year; they must be paid in full to HMRC approximately 9 months after the business’s accounting year is over. If a business is not in the financial position to have a large amount of disposable funds in the bank to pay off their bill, corporate tax loans are a popular solution. Businesses are required to pay off their corporation tax bill before they have filed their tax return.

Corporation Tax Loans: The Benefits Of Corporation Tax Loans

It can be a huge strain on a business if it finds itself in a position where it does not have the funds to cover a large tax bill in full. Covering the cost of your Corporation Tax bill is a regular and considerable expense, and something that many businesses are choosing to finance with corporation tax loans.

Corporation tax loans ensure that a company is able to stay afloat during a worrying financial situation. They offer a large lump sum of capital to help give financial stability. Corporation tax loans can also buy the company some time to prepare for the next bill, enabling them to settle their finances so they are ready for when the next amount is due.

Some of the advantages of taking out corporation tax loans include;

  • Flexible repayments to suit your business’ finances
  • Expert guidance and advice from financial specialists
  • Competitive interest rates
  • A personalised schedule to spread the cost

At Taxloan.co.uk, although we recommend a 12-month facility for corporation tax loans, it is possible to arrange terms from 6 months to 60 months. Our clients are able to borrow anywhere from £10,000 to £10,000,000.

Why Get Your Corporation Tax Loans From Taxloan.co.uk?

At Taxloan.co.uk, we provide corporation tax loans, capital gains tax and income tax. We have been working in this industry for over a decade and our dedicated team of financial specialists use their expert knowledge of the industry and focus on delivering exceptional customer service. We offer our customers competitive rates, along with fast credit decisions and fast funds for their corporation tax loans.

Our interest rates for our corporation tax loans are extremely competitive, and our team of financial experts do their best to make the entire process as smooth as possible for our clients. Being in a troubling financial situation can be a stressful time for a company, and we aim to eradicate this stress for our clients in a hassle-free manner. Customer satisfaction is of paramount importance to us, and approval for corporation tax loans can be achieved in just 24 hours.

Some of the advantages of using Taxloan.uk for your corporation tax loans include;

  • Flexible payments, spread over a period to suit you
  • Competitive interest rates
  • Dedicated Account Manager
  • Easy fixed repayment schedule
  • Approval within 24 hours

Put your Corporation Tax bill and cashflow issues behind you by applying for corporation tax loans.

Use our online quote calculator on this page to see an illustrative example of corporation tax loans. For a more personal service, please get in touch and speak to one of our Account Managers, who will be more than happy to offer any guidance and advice you may need 0330 100 5520.

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Whilst we recommend a 12 month facility for Corporation Tax Loan it is possible to arrange terms from 6 months to 60 months.

Benefits of tax loans:

  • Improved cash flow
  • Easy monthly repayments
  • Keeps your bank funding lines open
  • Fixed Rates
  • Fast decisions & fast funds
  • Personal service & dedicated account manager

Loan Example

Loan Illustration Amount:
£30,000
Loan Repayment Term:
12 months
Monthly Repayments:
£2,679.95
Total Amount Repayable:
£32,159.34
Total Fees + Interest:
£2,159.34
Representative APR:
13.9%

Tax Loan Quote Calculator:

GET A QUOTE NOW

Use our loan repayment calculator to tell us what you want to borrow and we’ll show you an example of what you might repay.

If we make you an offer, your rate and payments may be higher depending on our assessment of your circumstances and financial behaviour. Available to over 18’s only, subject to status.







To discuss this quotation, please call our team on 0330 100 5220 .

*Subject to credit approval