Corporation Tax

Limited companies must file a company tax return each year in addition to submitting accounts. In practice these two tasks are usually undertaken at the same time.

Corporation Tax Returns must be filed with H M Revenue & Customs within 12 months of the year end. Any Corporation tax due must be paid either within 9 months of the year end, or in certain cases, in quarterly instalments.

The starting point for the preparation of the corporation tax return are the statutory year end accounts so having an accurate bookkeeping procedures and systems is vital.

For more information contact us.