A company must estimate its own corporation tax liability and pay it by the due date, which is nine months and one day after the end of its accounting period.
A company tax return must be filed with HM Revenue & Customs within twelve months of the company’s year-end. Interest applies to late corporation tax payments, and penalties may be imposed for late filing of the tax return.
At itaxzone, we can prepare your company accounts, complete your company tax returns, and handle the necessary tax computations on your behalf.
We can also provide advice on strategies to help minimize your tax liability and enhance your company’s profitability.
Please contact us for more information.