Corporation Tax

To file your company tax return, you need to:

• Sign up for HMRC services.
• Open your company accounts & carry out your tax computations.
• Complete the CT600 form.
• You can also send your return through the Internet with the help of the HMRC’s website.

As much as a business organization wants to complete this task in-house, consulting an accountancy firm such as IBISS and Co is advised to ensure compliance and precise results.

If you still need to make your corporation tax payment on the due date, contact the HMRC as soon as possible. It is always possible to negotiate for a Time to Pay proposal, which enables you to make payments in installments depending on the agreed time.

Credits can be deducted for late submission, but the penalty may be forgiven if the client can provide a credible reason for late work. Nonetheless, HMRC is very particular about what can be considered a reasonable excuse; therefore, proof would be necessary.

For your accountancy needs and to give your business entity a legal touch in the United Kingdom with taxation laws, we at IBISS and Co. handle the following. The company tax return filing is another service for which one can seek help from our experienced team that will help your company file the tax return on time and will not let you pay a penalty. The goal remains to consult with you at every stage and offer individual recommendations for improving your organization’s tax situation and other beneficial financial solutions.

Late submissions for multiple periods attract more severe consequences, such as fines, a negative impact on the company’s image, and greater attention from HMRC. Proper filing should continue, and professional help should be sought so as not to suffer these effects.

Registering your company’s tax return on time is crucial in simplifying the financial status of the company as well as in clearing its credit status in the business market. 

IBISS and CO. is at your service to assist in solving such issues with professional consultation and services adapted to your company’s requirements. Call us today and find out how you can benefit from our services concerning the taxes of your company.

We’re not in the business of providing low quotes just to get your business for the first year and then raising the fees. We want you as a long term client who trusts us to do what we say we will do. We quote what we anticipate to be a fair fee for the value provided and would only anticipate normal inflationary increases if the work stays the same. Very occasionally there may be reasons why the amount of work involved exceeded what was expected but we would sit down and discuss these with you. In some cases, where it is clear exactly what work is involved we can guarantee the fee for more than one year.

 All we can say is that as accountants, you’d expect us to be a bit analytical, which is true. As such do you really think we would offer you something we couldn’t deliver that is backed up by our 100 risk free guarantee. Our clients are used to this level of service. You are also more than welcome to speak with some of our existing clients who have the experience of our service. See what our clients say.