Company Tax Return Services

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.

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.

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.

We usually combine our statutory accounts and corporation tax services making sure you stay compliant and have all your statutory requirements filed on time.