The deadline for filing your company tax return is slightly later than paying your corporation tax. You have 12 months following the end of your accounting period to submit your return. It’s also worth noting that capital allowances may offer some tax relief to your business. Capital ...
That ruling was concerned with tax evasion in relation to VAT and income tax, failure to declare income for the purposes of corporation tax and failure to declare the sales and the VAT due on them in accordance with the laws and regulations on VAT, all with fraudulent intent or with intent...
A partnership is not itself generally subject to UK corporation tax. Rather, its partners are treated as carrying on the same notional business as the partnership, and the profits of the partnership (calculated at partnership level) are attributed to its partners, in proportion to their partnership...
HMRC is reminding taxpayers filing their 2010/2011 tax returns online for the first time to get registered in good time before January 31, 2012 filing deadline. The registration process, including getting an Activation Code takes up to ten days. The deadline for paper tax returns has passed o...
Submit your taxes by the deadline to avoid late filing penalties. The IRS charges 5% of unpaid taxes for each month your return is late, up to 25%. Common tax deductions for small businesses A tax deduction (or write-off) is an “ordinary and necessary” business expense in your industr...
We can help you prepare and file today, ensuring you never miss a deadline again. Learn More File a Confirmation Statement (Annual Return) Get assistance filing your confirmation statement, required annually by Companies House, and never miss a deadline again. Learn More Change Company Name ...
Companies House has updated itsguidanceon companies applying for more time to file their accounts. Initial guidance in March 2020 stated that companies who had been adversely affected by COVID-19, in circumstances where the company’s filing deadline has not yet passed, could apply for an automa...
This Russia Sanctions Tracker is a high-level summary of the measures imposed by the UK following Russia's invasion of Ukraine in February 2022.
However, it had become clear that business will be expected to play its part given the support that has been provided through the pandemic so it ZDVQłWVXUSULVLQJWKDWLQWKHUHFHQW6SULQJ%XGJHWLWZDV announced that the headline rate of corporation tax would rise from 19% to ...
The first limited company tier also offers online accounting software and support, as well as year end accounts, VAT and Corporation Tax filing. The final tier adds Self Assessment, an annual health check, as well as IR35 solutions.