All limited companies within the UK are subject to corporation tax, which is based on your taxable profit. Calculation of these taxable profits can be quite complex and are formed by using the income generated by your company, coupled with allowances and reliefs made available by HMRC.
Accountorium can help with the registration process to notify HMRC that your company is liable for corporation tax. We will calculate your corporation tax liability using the taxable profits of your company, ensuring that you save the most amount of tax by claiming all available reliefs.
We will remind you of when you need to submit your information to us, so we can prepare your corporation tax liability and submit the return on your behalf. The filing date is in accordance with your accounting date and must be adhered to, avoiding fines and penalties which are attached to the non-compliance of the submission.