Corporation tax represents a significant expense to your business and can be all the more costly if

• Deadlines are missed (penalties, surcharges and interest can easily run into the thousands and tens of thousands, even if you are a small business)
• Incorrect returns are delivered (leaving you unwittingly owing tax you have not provided for)
• Appropriate records are not retained or presented
• Appropriate tax planning is not undertaken (such as the timing of an investment in a major fixed assets)
• Relevant allowances and reliefs are not applied or incorrectly applied (such as effective utilisation of trading losses to save as much tax as possible)

As corporation tax is carried out under a self-assessment regime, the onus for completing your return, calculating the tax and making payments to meet HM Revenue & Customs' deadlines is legally the responsibility of your company and its directors. Professional advice and support is therefore essential in ensuring that your company's tax affairs are in order.

We can help assist in the preparation of the tax computation and completion and filing of the tax return and advise you on when and how much tax to pay.

In doing so we will advise you in the most beneficial way to claim relevant allowances and reliefs to ensure you pay no more tax than is necessary

Next Step: Please contact us or get an online quote

Also see

Company Accounts

Personal Tax return