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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. If late, HM Revenue & Customs will issue a penalty for late submission.

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 payable by. We will also be able to plan how to deal with your tax more efficiently.

All companies must submit a corporation tax return to HMRC 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 MPH Accountants, 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.

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