Corporation tax services
Taking care of the preparation
and filing of your company tax return
Deal with HMRC directly so you always pay the correct amount in tax.
Competitively priced, no hidden extras
Coupled with great customer support.
- Transparent pricing
- Qualified team of tax advisors
- Tax planning & business support guidance
- Advanced preparation of your accounts
Corporation tax return (CT600)
A Corporation tax return (also known as CT600 form) must be filed with HMRC by all Limited Companies within 12 months after the financial year.
The first step is to notify HMRC that your company is subject to corporation tax. If your company must pay corporation tax, you must determine how much profit it makes each accounting period and how much tax is due.
A 12-month accounting period is maximum. So even though the CT600 isn't due for another year, it must be paid within nine months and one day of the year's end. Late returns or payments are subject to a penalty and possible interest. If in doubt, check the Companies House website to see when your company's fiscal year ends.
Corporation Tax, like many other taxes in the UK, is complex. A professional tax advisor can help you plan to minimise your tax liability.
Individuals, sole traders, and partnerships are not required to pay Corporation Tax but must instead file self-assessment tax returns (also known as Personal Tax Return or SA302).
Penalties for late filing of the
CT600 company tax return
If you miss the deadline to file your company tax return, fines can mount up very quickly, and HMRC may charge you one of the following fines up to a year:
- One day late: £100 penalty
- Three months late: Another £100 penalty
- Six months late: An additional penalty of 10% of your estimated corporation tax bill. HMRC makes this estimate, and you are unable to appeal against it.
- Twelve months late: Another 10% penalty of your estimated corporation tax bill.
Our complete service
Tax planning is probably the most crucial step. Our qualified advisors will help you determine the most tax-efficient business structure or equity planning.
Tax reliefs & opportunities
Understanding all available tax reliefs and opportunities is critical. We will guide you through the process and ensure you receive all eligible benefits.
End to end service
We will not only calculate your CT600 and submit it to HMRC on your behalf, but also answer any questions HMRC may have.
Never miss a deadline
As you accountants, we will ensure you never miss a deadline. We don’t wait until the end of the year to start working on your accounts.