UK based limited companies have to pay corporation tax on their profits. This also applies to limited companies that are not UK based if the central operation and management of the business is in the UK. After setting up a company, HMRC needs to be notified to inform them that you need to pay corporation tax.
Companies liable for corporation tax must calculate the profit your company makes in each accounting period and identify the corporation tax that is is payable on those profits. This must be submitted to HMRC on a corporation tax return form and supporting calculations must be submitted also.
Choosing Anthony J. Warnock to deal with your corporation tax return helps to keep the process organised and avoid penalties for filing late returns. We can keep to notified of deadline to ensure that your corporation tax obligations are met and offer the preparation of company accounts, company tax returns and tax computations, whilst advising on tax planning that may help your company.
To arrange an initial meeting at your premises or home with a free, no obligation quotation call today on 07853 384 014.