Accounting Solutions Manchester
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Accounting Services

We offer a wide range of friendly and professional accountancy services tailored to your business needs.

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Year End Accounts Efficient year-end accounts, prepared and filed with Companies House and HMRC. Corporation Tax Smart corporation tax support to help reduce exposure and improve efficiency. VAT Services Clear VAT advice to help you register, deregister and stay fully compliant. Startups Friendly startup accountancy support to help you start properly and stay compliant. Small Business Accounting Practical small business accounting support from friendly Manchester accountants. Personal Tax Returns Self-assessment tax returns prepared properly, with advice to reduce tax liability. Company Formation Simple company formation support to help you set up correctly from day one. Payroll Reliable payroll support to keep staff paid and HMRC reporting under control. Management Accounts Regular management accounts to help you understand performance and cash flow. Book Keeping Reliable bookkeeping services tailored to your company’s growth.
Who We Help

No matter what type of business you run, whether you’re a startup, a limited company, a partnership, or a sole trader. Our goal is to make your accounting simple, stress-free, and tailored to your unique needs.

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Startups Startup accounting support to help you launch properly and stay compliant. Small Business Accounting Friendly small business accounting to keep your finances clear and organised. Limited Companies Limited company accounting support to help you stay compliant and grow confidently. Sole Traders Tailored sole trader accounting to keep your tax, records and accounts under control. Partnerships Partnership accounting support to simplify tax, accounts and financial responsibilities.
About Us

We are a firm of ACCA Qualified Accountants based in Stretford, Manchester. We have been providing exceptional service to companies and owner-managed businesses for over 20 years.

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Budget 2025 Corporation Tax Impact

In this article we will take a look at how the New UK Budget 2025 Impacts Corporation Tax for Small and medium sized Businesses.

For a FREE no-obligation Consultation call us on 0161 879 7175.

Budget 2025 Corporation Tax Impact

The latest UK Budget brings a series of updates that will directly affect how small businesses plan their tax strategy for the year ahead. For many business owners, especially those running limited companies, these changes will influence cashflow, investment decisions, and overall profitability. As local Accountants Manchester businesses rely on for clear guidance, we’ve broken down the key points in a straightforward way.

Corporation Tax Rates Remain Split

The Budget confirms that Corporation Tax will continue to operate on a tiered system.

  • 19% for profits under the lower threshold
  • A tapered rate for medium-sized profits
  • 25% for profits above the main threshold

For smaller companies, the key takeaway is stability. Knowing the rates won’t jump gives businesses more confidence to plan ahead, whether that’s hiring, investing, or releasing retained profits.

If your business is close to the profit thresholds, speaking to our Manchester-based accountancy team can help you plan tax-efficiently.

Full Expensing Remains a Major Benefit

One of the most important confirmations in the Budget is the continuation of Full Expensing.

This allows companies to deduct 100% of the cost of qualifying equipment, machinery, or technology from their profits in the year of purchase.

For small businesses, this can significantly reduce Corporation Tax bills especially for manufacturers, trades, construction firms, engineering companies, tech start-ups, and eCommerce businesses investing in new infrastructure.

As Accountants Manchester companies work with frequently, we’re already advising clients on how full expensing can support growth plans.

Research and Development Relief Expanded

The Budget provides additional support for small businesses involved in innovation.

Even modest R&D activity may now qualify, including software development, process improvements, new product testing, and engineering upgrades.

If you’re unsure whether your work counts as R&D, our team can help identify claimable activities and prepare compliant submissions.

Cashflow-Friendly Payment Plans

HMRC has confirmed more flexible payment arrangements for Corporation Tax, giving small businesses experiencing short-term cashflow issues the ability to spread payments.

This won’t reduce tax, but it can ease pressure during slower months particularly for retail, hospitality, and seasonal industries.

Digital Tax Administration Moves Forward

The Budget continues the rollout of improvements to Making Tax Digital, with more businesses expected to move to digital record-keeping and submissions.

For many small businesses, this will modernise bookkeeping and create a more accurate financial picture throughout the year. Local Manchester accountants can help businesses choose the right software and manage the transition smoothly.

Conclusion

With Corporation Tax staying stable but reliefs becoming more beneficial, now is a good time to revisit your company’s tax strategy.

Small adjustments in timing, investment decisions, and salary-versus-dividend planning can make a notable difference.

If you need help understanding how the Budget affects your business, our Accountants Manchester team is here to help you navigate the year ahead with clarity and confidence. See our full summary of the budget 2025.