Corporation Tax Returns
Unlimited help and advice
Leading cloud accounting software
Dedicated accredited accountants
All returns and filing included
Real-Time Bookkeeping
Reminders – never miss a deadline
Unlimited help and advice
Leading cloud accounting software
Dedicated accredited accountants
All returns and filing included
Real-Time Bookkeeping
Reminders – never miss a deadline
We review our clients tax liabilities as a percentage of business profits generated and understand that it is our job to use the tax legislation shrewdly to achieve the best results for you.
Let us take care of your year-end accounts and corporate tax returns so that your dealings with HMRC are kept to a minimum. Getting your corporate tax returns in to HMRC can be time consuming and stressful. Dealing with HMRC, in particular, can often be frustrating.
Accounting Wise will ensure that you do not miss deadlines and make sure that your corporate tax returns are correct.
Get started with the right accounting service for your business
Get started with the right accounting solution for your business
You must complete a Corporation Tax Return and pay Corporation Tax on profits from doing business if you are registered as:
The deadline to submit your Corporation Tax Return and pay your Corporation tax bill is 9 months and 1 day after the end of the company’s financial year.
Unfortunately, not submitting your Corporation Tax Return on time, could result in considerable penalties and interest being accrued by HMRC. This is why it’s so important to put arrangements in place early on to ensure everything is completed on time.
Another huge benefit to being organised with your tax affairs is that you will know how much tax is due in advance with a good amount of time to pay your balance to HMRC.
A Corporation Tax Return can be a very complex submission, so it is almost always better to seek advice from a professional than attempting to complete your own Corporation Tax Return.
Some of the benefits of using Accounting Wise to handle your tax affairs are:
Peace of mind
By using professionals you know that your tax calculations will be correct and accurate.
Corporation Tax Return Investigations
You are less likely to be investigated by HMRC if you use an advisor, as HMRC have ways of knowing if figures submitted on a return are likely to be incorrect. This is a common trigger for a tax investigation.
Save time
In most cases it will take you a lot longer to complete your own self assessment tax return than it would for an advisor. This time could be better spent running your business.
Claiming everything you’re entitled to claim
It is a very rare occasion that we take on a new client and are not able to find areas to reduce the tax owed. This is usually in the form of under declared expenses. Most business owners are not aware of all the different types of expenditure that can be claimed and how best to claim them, which is where we come in.
Get started with the right accounting service for your business
What is a Corporation Tax Return?
A Corporation Tax Return (CT600) is a document submitted to HMRC by limited companies, detailing their income, expenses, and calculated Corporation Tax due for an accounting period.
When does my company need to file a Corporation Tax Return?
You must file your Corporation Tax Return within 12 months of the end of your company’s accounting period – but the tax payment is usually due 9 months and 1 day after the period ends.
What happens if I miss the Corporation Tax Return deadline?
HMRC charges automatic penalties for late filing, starting at £100 and increasing the longer the return remains outstanding. Interest may also apply to late payments.
Do all companies need to file a Corporation Tax Return?
Yes, most active UK limited companies must file a return – even if they have made no profit or owe no tax. Dormant companies generally do not need to file, unless asked by HMRC.
Can Accounting Wise handle my Corporation Tax Return for me?
Absolutely. We’ll prepare and file your CT600 accurately and on time, ensuring you claim all allowable expenses and reliefs to minimise your tax liability.
What information do you need to prepare my Corporation Tax Return?
We’ll need your company accounts, details of income and expenses, any capital allowances, and information on any previous losses or tax reliefs. Don’t worry – we’ll guide you through every step.
Can I file my Corporation Tax Return myself?
Yes, it’s possible to file it yourself through HMRC’s system, but many business owners prefer using an accountant to ensure accuracy, avoid penalties, and make the most of tax reliefs.
How much does it cost to have my Corporation Tax Return prepared?
Our pricing is competitive and tailored to the complexity of your business. Contact us for a free quote or view our accounting packages.
What are capital allowances, and can I claim them on my Corporation Tax Return?
Capital allowances let you deduct the cost of certain business assets – like equipment, machinery, or vehicles from your taxable profits. Yes, you can claim them on your Corporation Tax Return, which can significantly reduce the amount of tax your company owes. We’ll help identify and claim all eligible allowances.
Read more about What is Capital Allowance?
Our accredited accountants have a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm, and a HMRC registered Agent.
Get started with the right accounting solution for your business
1 Choose Your Package
Choose from our pre-built packages or customise your own to see exactly what services you need and how much you’ll pay each month. We make it easy to find the perfect fit for your business!
2 Sign up with Us
After selecting your preferred level of service, simply provide a few additional details to register with us through our easy sign-up form or by giving us a call. It’s that simple to get started!
3 You’re ready to go
That is it, we will begin to set your services up for you, contact your previous accountant if required, and begin the authorisation process with the HMRC