Corporation tax

We’ll prepare the corporation tax return and send it for your review.

Benefits

You can rest assured that we’ll take care of it in the best possible way, leaving you to concentrate on other aspects of your client’s business.

Quality assurance

Our team receive regular training to keep up-to-date with the never-ending changes in legislation and reliefs: so when we calculate corporation tax, we know what’s allowable and what isn’t and what the client may be eligible for, such as R & D tax relief And work is always reviewed by more experienced colleagues.

FAQs

When do I have to pay corporation tax? Normally, it’s due 9 months and one day after the end of your  accounting period. And we’ll keep you informed.

Do I have to make payments on account? If your company’s profits exceed £1.5m, then you will typically pay the tax in four instalments.

What happens if I pay the tax late? HMRC will charge you interest.

What happens if my return is submitted late? The HMRC will hit you with penalties, which vary according to how late it is.

Key points

  • Advance warnings of deadlines

  • Advance warnings of amounts due