Company Tax returns
Businesses must submit tax returns to HM Revenue & Customs (HMRC). We at Ardent Accountancy services Ltd can help with all aspects of this. Why take up valuable time and resources dealing with company tax when we can do it for you?
Companies are required to work out their own corporation tax liability and pay their tax bill when it is due, irrespective of whether a demand has been issued. A corporation tax return and computation is required and supporting records must be kept.
Partnerships must submit tax returns showing their income and chargeable gains. No tax is payable on this income or gain as partners’ shares will normally be included on their tax returns.
We carry out reviews on your business ultimately lead to considerable tax savings, which show up as real improvements in your bottom line. As with any other area of taxation, it is essential to be proactive and plan ahead when dealing with corporation tax. In this way you can:
· Minimise your corporation tax liabilities
· Make the most of any available reliefs, tax losses and deferment opportunities
· Ensure you meet all your CTSA deadlines and file your returns correctly, thereby avoiding any potential penalties
In addition to helping you with your corporate tax review we can also represent you in any communication with the tax authorities.