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You first need to register your business in writing with HMRC.
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Then, you must start maintaining complete financial records to prepare your company tax returns accurately.
Corporation tax
services to give you peace of mind
Navigating corporate tax laws can be challenging, so planning ahead and staying abreast of changes is vital. Fret not – our experienced company tax accountants offer top-notch tailored advice to help you stay compliant and minimise your tax burden.
Whether you’re a limited company, a co-op, a club or a community group, you’ll need to pay corporation tax to HMRC. This holds true even if your company is registered overseas, but you have an operating office in the UK. There are several steps to setting up corporation tax payments for your company:
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Your company tax returns will help you prepare your corporation tax bill, which must be paid within nine months and one day after your company’s accounting period ends.
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All income made through trading, investing, or selling assets will be taxable.
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If you’re based out of the UK, all money made within the country and abroad will be taxable.
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Depending on which industry you are in and how large your business is, there are numerous tax reliefs and allowances you could be eligible for.
Why work with our
company tax accountants?
Preparing your corporation tax returns, knowing which reliefs you can apply for and keeping up-to-date with the changing tax laws is cumbersome and time-consuming. That’s where Golding Accountancy comes in. We have extensive experience in handling corporate tax queries of all kinds and can:
- Advise you on the best tax structure for your business
- Identify the best tax relief and allowance schemes you can apply for
- Guide you on capital allowances and capital gains tax to help reduce your tax bill
- Help you process research and development tax claims and get up to thousands as a refund.
Our corporation tax services help uncomplicate corporate tax legislation for you and help your business achieve its goals – it’s as simple as that!
What Golding Accountancy
can help with
Our company tax accountants are highly skilled and have a strong commercial focus. They have a track record of successfully minimising liabilities, so you can trust that you are in capable hands. Our corporation tax services typically include:
- Complete tax accounting assistance under FRS 101, FRS 102 and IFRS
- iXBRL tagging for tax returns and financial statements
- Complete preparation and submission of tax returns
- Representation in case HMRC holds an inquiry
- Review-only compliance assistance as needed
- Capital allowance claims
- Director’s loan planning
- Operating structure planning
- Losses and year-end planning
- Chargeable gains planning
- Employee share claims
Frequently Asked Questions
(FAQs)
1. Do all businesses have to pay corporate tax?
Yes, all UK businesses are required to pay corporate tax on their profits. There are rules around preparing and submitting corporate tax returns and the kind of relief you are eligible to apply for. Speak to Golding Accountancy to understand how it impacts you.
2. What’s the best way to do corporate tax planning?
When you work with us, we’ll review your annual accounts and gain a complete understanding of what your business does and how you operate. This will help us identify the best strategies to lower your tax burden. We’re happy to offer a free initial corporate tax review to determine where your company stands and how it can go forward most profitably. Reach out to the experts at Golding Accountancy today.
Why Choose
Golding Accountancy
From the fundamentals to the most complex queries, we’ve got your back on all things accounting and taxation. Our accounting services in the UK are the real deal!
No BS, never
We keep it real and tell it like it is – no fancy jargon or beating around the bush – just honest advice.
Tech-forward, always
We use the latest and best technology, so you know your tax liabilities in advance and can take action asap.
Approachable, always
Need help? Just give us a call! It’s free, and we’re happy to assist with any business struggles.
Vision in mind, always
We don’t rush into anything; instead, we take time for a soothing cup of tea and honest chats with you about your biz. Be steady.
In stress, never?
We’ve got all your bookkeeping, VAT, payroll, Self Assessment, and cash flow needs covered. Delegate the work to us and relax.
The kind of people
We work with
We’ll help anyone who’s excited about their craft, committed to their passion, and interested in getting to the heart of the financial matter. Our USP lies in our ability to provide top level tax advice to business in a wide range of sectors and backgrounds. And we deliver brilliant results.
Proof we are not
bull*****ing!
Our wide-ranging
tech stack
We work on the top software and applications in the industry, delivering to you the very best possible.
Fancy a cuppa
with us?
Get in touch with Golding Accountancy for guidance on the ins and outs of accounting, taxation and financial management? Let’s hang out and chat about it – it’s on us!
PS: We love biscuits.
Or, email us at info@wearegolding.com
Or, email us at info@wearegolding.com
