Corporation Tax Services

Services and Advice for Corporation Taxes

Are you looking for tax consulting and corporation tax services? We are more than delighted to help you in any way we can say our professional corporate tax accountants.
What is Corporation Tax Return?
It is also known as company tax return. If your business has chargeable earnings, it must file its corporate tax return and pay corporate tax. However, even if your business hasn’t made any money, you still need to file the return. Profits made prior to the accounting period, which is regarded as the taxable period, will be imposed against your firm. The rate of corporation tax is currently set at 19%.

Corporation Tax

Your company must submit the corporation tax returns, as failure to do so will result in penalties after the due date. The current penalties for late submission are as follows:
  • Up to 1 month £150 and late.
  • Up to 1 to 3 months £375 and late.
  • Up to 3 to 6 months £750 and late.
  • More than 6 months £1,500 and late.
  • The corporate tax is due in nine months and one day for smaller businesses.
Your business must also adhere to the following requirements
  • If the annual revenue of your business/Company exceeds 200 million, you must provide HMRC with the name of your senior accounting officer.
Why choose us?
Our corporate tax accountants can aid in the filing of corporate reports, corporation tax statements, and tax assessments, and they can even counsel you and your organization in any tax planning issues.