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Corporation tax compliance for UK businesses

Every limited company that is based in the UK is subject to corporation tax on their profits. This means that you must submit an annual corporation tax return to HMRC within 12 months of the year-end date.


But even before that, you must register your company with HMRC, so it knows you are liable for corporation tax. You must also calculate how much profit your company makes for each accounting period and how much corporation tax is payable on those profits. And did we mention, there are strict penalties for filing late returns and interest is charged on tax paid late!

Get complete peace of mind

Does managing your own corporation tax sound too much of a headache? Our corporation tax service can assist with the preparation of your company accounts, company tax returns and tax computations. We can also provide advice on any tax planning areas that may benefit you and your company.

Supporting sole traders with their finances

My goal is to simplify your corporation tax processes, maximise your tax savings, and provide you with absolute peace of mind.

⁠— Pat van Aalst

Frequently asked questions

The corporation tax rate in the UK is subject to change and may vary depending on the company's profits. Currently, the main rate of corporation tax is 25% for most companies. 

The deadline for filing corporation tax returns is generally 12 months after the end of the company's accounting period. For example, if your company's accounting period ends on 31 December, the corporation tax return is typically due on 31 December of the following year.

Yes, there are various tax reliefs and deductions available to reduce corporation tax liability. Some common reliefs include capital allowances, research and development (R&D) tax credits, and the Patent Box scheme. Get in touch if you think you may qualify. 

Penalties for late filing or errors in corporation tax returns depend on the lateness of the filing and the company's turnover. If you think you’re filing late, please get in touch with us immediately. 

Experience accounting without the headache

Book a call with us today for a refreshing approach to financial management. No suits, no jargon, just practical accounting solutions that make a difference.

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Experience accounting without the headache

Navigate your corporation tax efficiently by booking a call with us today. Experience straightforward guidance and practical strategies tailored to your business, ensuring compliance without the complexity.

Contact Us ⟶
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