Corporation tax – supporting you with everything from filing your corporation tax return accurately and on time, to advising you on maximising tax efficiency for your company.
Tax Services
Corporation tax must be paid by Limited Companies in the UK. Corporation tax is based on profits from business activities, including trading, investments and the sale of any land or property assets.
A more complex area of tax, many business owners choose to outsource their corporation tax return to an accountant, so that they have complete peace of mind that the correct amount is filed accurately and on time.
When preparing your corporation tax, we would provide the following:
- Prepare your financial statements for the tax year, including profit and loss and balance sheet.
- Calculate your taxable profit (which may be different to your accounting profit)
- Identify deductions and reliefs, such as R&D, tax credits and capital allowances, which will minimise your tax liability
- Complete the CT600 and submit to HMRC on time
Our expert team is up to date with the latest taxation legislation and industry trends. We will get to know your business and provide a personalised strategy that aligns with your specific circumstances.