|
|
|
|
 |
 |
When self assessment for companies was introduced the onus was placed on the business, rather than the Inland Revenue,
to ensure it complied with the corporate tax regime. In reality the majority of companies do not have the knowledge to
do this and are at risk of incurring penalties if their returns are not correct:
 |
Preparing the corporation tax computation from the statutory accounts. |
 |
Preparing the corporation tax return (form CT600) and submitting it to the Inland Revenue. |
 |
Informing the company of the corporation tax due, well in advance of the deadline for payment. |
 |
Dealing with the Inland Revenue if they enquire into the company’s return
|
As with individuals, it is important to ensure that the company has taken advantage of all available reliefs and expenditure available to it.
 |
Use of a company pension scheme to purchase commercial property |
 |
Tax efficient employee benefit schemes |
 |
Company reorganisation and restructures |
If you are interested and would like to know more please contact us.
|
|
|
|