Ting Tax
Ting Tax
Country-based tax computations, filing deadlines, and liability forecasts across your jurisdictions. The figures below are illustrative sample data.
London Creative Studio Ltd · CT annually · VAT quarterly
Corporation tax is estimated on the forecast profit before tax of £486,200 for the accounting period FY ending 30 Apr 2027, from the Ting Accounting forecast (revenue £2,184,000, costs £1,697,800). The year is still in progress, so this is a projection — £176,500 net profit is booked year to date. The adjustments below reach the taxable profit.
Tax regime
HMRC — Corporation Tax (CT600)
Corporate rate
25% main rate
Reporting currency
GBP (£)
Corporate tax computation (forecast)
Forecast accounting profit adjusted to taxable profit under local law
Forecast profit before tax (per Ting Accounting)
Forecast for FY ending 30 Apr 2027
Add: depreciation
Not deductible; replaced by capital allowances
Add: client entertaining
Disallowed for tax
Less: capital allowances (AIA)
100% on qualifying plant
Less: R&D enhanced deduction
SME scheme uplift
Taxable profit
Corporation Tax @ 25%
Financial basis
Forecast figures drawn from the accounts
Ting Tax pulls these from your Ting Accounting forecast P&L and balance sheet, so the estimate updates as the forecast is revised and is finalised once the year-end accounts are filed.
VAT (HMRC)
20% standard · Q2 2026 (Apr–Jun)
Output tax
£96,400
Input tax
£41,250
Net due
£55,150
£55,150 settles from your Ting Pay wallet · Reg: GB 428 5591 02
Making Tax Digital for VAT
Digital filing status
Compliant
Digital records kept and VAT filed via HMRC-recognised software through Ting Accounting.
Next: Q2 VAT via MTD · 7 Aug 2026
Ting Tax planning
Legitimate reliefs & structuring for United Kingdom
R&D tax relief
Claim enhanced deduction on qualifying development spend.
Annual Investment Allowance
Full expensing of qualifying equipment up to the AIA cap.
Patent Box
10% effective rate on profits from patented IP.
Cross-border tax
Withholding under double-tax treaties across your entities
Treaty relief reduces withholding on dividends, interest and royalties moving between your group entities.
Personal income tax
Directors' salary vs dividend split modelled by Ting Tax.
| Band | Range | Rate |
|---|---|---|
| Personal allowance | £0 – £12,570 | 0% |
| Basic rate | £12,571 – £50,270 | 20% |
| Higher rate | £50,271 – £125,140 | 40% |
| Additional rate | £125,140+ | 45% |