Professional Corporation Tax Stoke on Trent, providing expert business advice and ensuring that your business remains compliant.
Are you a company or organisation based in the UK? If you are then you are required to pay Corporation Tax on all your taxable profits, even if they have come from sources outside of the UK.
We help you and your business establish the tax required, together with valuable and accurate information on an on-going basis, building trust and providing sound knowledge and expertise.
If you are company that is based outside of the UK but conduct business in the UK through a permanent branch or office then you'll only have to pay Corporation Tax on any taxable profits arising from your business dealings in the UK.
We'll help you identify the best approach to Corporation Tax in your organisation and will equip you with the skills, tools and measurement devices to make sure that your tax is dealt with efficiently.
As the deadline to pay Corporation Tax is before the deadline to file your Company Tax Return, you need to plan your cashflow so that you can pay the full amount by the time it's due.
If your company or organisation's taxable profits are £1.5 million or less, then your deadline for paying Corporation Tax is three months before your deadline for filing your Company Tax Return. Realistically, you may want to file and pay at the same earlier time.
Paying early can be a good idea, as HM Revenue & Customs (HMRC) will pay your company or organisation interest. If you pay late, HMRC will charge your company or organisation interest on the amount unpaid.
If you are a new company or organisation that's liable for Corporation Tax will will adise you to: