Corporation Tax
Your company has an obligation to ensure that the company tax return is submitted within the timescale after the preparation of the accounts and HM Revenue & Customs will issue a penalty for late submission of this. With prompt preparation of the accounts, we will be able to advise you of your tax liability and ensure that you are aware of the amount due and when. We will also be able to plan how to deal with your tax more efficiently.
All companies must submit a corporation tax form to the Inland Revenue to pay any tax owed on their taxable profit. HM Revenue & Customs will normally send your company a reminder informing you that you need to complete a Return. At PH Accountancy, we always remind our clients when accounts are due and also a reminder of the importance of completing the accounts promptly so that we can advise of the tax liability. In addition to this, we will write to you with your tax demand.
