Company tax payments: how to plan cash so you’re not caught short when Corporation Tax is due
Company tax payments: how to plan cash so you’re not caught short when Corporation Tax is due If you run... View Article
Company Tax Return Services
Company Tax Return Services
Our Company Tax Returns services ensure that your returns are prepared accurately and submitted on time, giving you peace of mind and allowing you to focus on running your business.
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Tax Efficient
We make sure you are claiming all the reliefs and allowances available to you.
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Knowledgeable
Our team stays up-to-date on ever changing tax laws.
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Simplified Process
We make tax compliance simple and hassle free.
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Supporting your business at every stage
As your business grows we can be there to support and advise you.
Company Tax Returns
We take care of everything from calculating your company’s tax liability to identifying opportunities for reliefs and deductions. By staying informed on the latest tax laws and regulations, we ensure your business remains compliant while minimising your tax burden where possible.
Our services include:
- Preparing annual accounts and income/expenditure statements
- Certifying accounts/property income for mortgage purposes
- Tax advice for your company
Contact FHP Accounting to discover how our personalised company tax return services can help you.
FAQs
Have you got questions about our accounting services? We’ve got the answers! Check out our FAQ section for quick and easy information.
But if you can’t find what you’re looking for, don’t hesitate to contact us. Our friendly team is happy to help.
Do all companies file tax returns?
All companies are required to prepare and file an annual Company Tax Return with HMRC if they are ‘active’ for Corporation Tax. This includes:
- private companies limited by shares or limited by guarantee
- unlimited companies
- public limited companies (PLCs)
- charities and unincorporated associations
- community interest companies
Dormant companies do not have to submit tax returns or accounts to HMRC if they have been dormant for the entire duration of an accounting period. However, you will still need to file a tax return for any period of activity prior to your company becoming dormant.
If you run a business as a sole trader or a partnership, you do not prepare a Company Tax Return. You must complete a Self Assessment tax return each year instead.
What if my company tax return is late?
If you fail to deliver your Company Tax Return on time, you will have to pay a late filing penalty. The amount depends on how late you file the tax return after the deadline.
When do I need to file my company tax return?
You can file company tax returns at any time within 12 months of the companies accounting period, which may or may not differ from the standard financial year.
For new companies, your first accounting period may be longer than 12 months, so you’ll need to submit two returns in that period. This initial timeframe is determined by Companies House.
Do you also file my company accounts with the tax return?
We usually combine our statutory accounts and corporation tax services making sure you stay compliant and have all your statutory requirements filed on time.
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