The tax on your company’s profits has to be reported and paid on time, otherwise there are heavy penalties. And every company has to submit its own calculations for the tax payable.
Oddly, the Corporation Tax payment deadline is nearly three months before the final date on which the assessment has to be submitted, and HMRC do not like receiving the Crown’s taxes late!
But if we have prepared your end-of-year accounts then the CT assessment and online filing is all part of the service that we provide, ensuring that your CT liability is carefully calculated, taking advantage of all offsets and allowances that your business is entitled to claim.
Tax planning advice comes as a standard part of the service that we provide, so that future Corporation Tax bills can be paid without damage to your business cash flow.