Unfortunately, we are not qualified to advise on financial matters, and therefore we cannot provide assistance with tax-related inquiries. We strongly recommend consulting with an accountant or a tax advisor who can offer expert guidance in this area.

However, we do have a Blog section on our website where you can find valuable information about tax for limited companies. One of our articles, titled "Corporation Tax: An Introduction," covers the fundamental aspects of this topic. You can access the article by visiting the following link: https://www.1stformations.co.uk/blog/corporation-tax-an-introduction/.