Corporation Tax Loans

A Corporation Tax bill for many companies is a cash requirement that many business owners struggle to find every year. It is not surprising that so many organisations look to take out Corporation Tax Loans to fund this cost.

Corporation Tax Loans Key features:

  • Finance your Corporation Tax bill with a loan

  • Make repayments over 6 to 12 months

  • An unsecured loan, with fixed monthly repayments

  • Keep your cash within your company

  • It’s simple to do and you will get a quick decision

Corporation Tax Loans example

Corporation Tax Loans | Corporation Tax Finance Loans
  • Company
  • Loan Value
  • Term
  • Repayment
  • Rationale
  • Firm of accountants
  • £150,000.00
  • 12 months
  • £13,723.18 per month
  • This firm wished to make their Corporation Tax payment on time, however did not have the cash flow to do this. Our finance company made the payment direct to HMRC Shipley, thus removing any late interest payment charges

Benefits of Corporation Tax Loans

  • Cash flow

    Allowing you to keep funds in your business for other uses

  • Alternative funding lines

    No need to use up an existing bank facility

  • VAT

    On rental agreements VAT is paid in the rental, not in full and upfront

  • Tax planning

    Using a lease purchase agreement, if your investment in assets in one year is £200,000 or under, subject to some HMRC conditions, this expenditure can be fully offset against Corporation Tax. For many customers, a lease rental is a great solution as all rental repayments are allowable against Corporation Tax

  • Budgeting

    A lease repayment covers the cost of the equipment and interest. This makes internal allocation of costs very easy for those companies wishing to divide the cost by headcount, department or even square footage

  • Budgeting

    It’s easy to budget for a fixed rental payment over a three or five year term

  • Pay for the equipment as you use it

    Would you pay a new employee three years’ salary in advance, probably not. So why pay for their desk, computer or car in advance?

  • Obsolescence

    Under the WEEE directive, you have an obligation to dispose of certain assets in an environmentally friendly way. If you rent the equipment, you can just hand it back at the end of the rental term.

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