Corporation Tax
Every company that is based in the UK is subject to Corporation Tax on their profits. This refers to clubs and societies, trade associations, housing associations, and even co-operatives. Companies that are non-UK based can still be expected to pay Corporation Tax, if the centre of management is based in the UK.
The first thing you must do is register your company with HMRC (Her Majesty’s Revenue and Customs) and let them know that you are liable for corporation tax.
If your company is liable for corporation tax, you must calculate how much taxable profit your company made over the course of the financial year, and what is owed to HM Revenue & Customs.
TaxAssist Accountants can calculate your taxable profit as well as guide you through your corporation tax return. Our tax accountants make the process of filing your corporation tax as stress free as possible.
TaxAssist Accountants work with 30,000 small businesses so let us take away the hassle and stress which corporation tax causes to many businesses every year.
Call us now on 0800 0523 555 for further information on corporation tax or fill out our contact form.
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