If you are a Limited company you have to pay corporation tax.
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.
Looking after companies’ tax affairs is fundamental to the overall business service we provide. We also give advice on a wide range of business tax matters including:
Preparation of corporation tax computations and returns
Corporation tax planning
Corporate group structures
Business succession planning
Revenue & Customs enquiries and investigations
R&D tax relief
Sales of businesses and business assets