It is always good for every business to be tax efficient. This is because if you can pay the least amount of business tax to the HMRC, you will be left with a large amount of funds. You can potentially use this large amount in various sectors to ensure your business’s stability and fruitful future. Additionally, there is a recent increase in the UK’s corporation tax rates to 25%, which leads to a huge tax burden on the companies. So, the companies are seeking ways to reduce the corporation tax more than ever. Luckily, there are an array of proven strategies that…