Business tax

Business tax

We’ll assure you that your tax is under control

Every year, you must submit a corporation tax return to HMRC, which is important to get right – even if you’ve got no profit to declare and no tax to pay. It’s a deadline that if you the deadline, or make mistakes in your return, you can incur some serious penalties. Even small mistakes or oversights can mean you end up paying too much tax. Nobody wants that but it’s especially challenging when cashflow is tight. 

We’re specialists in this field. You can be rest assured that we’ve taken care of plenty of companies’ tax returns over the years, making sure they were up to date with their financial records, preparing their company tax returns, and helping them claim reliefs and allowances to reduce their tax liabilities. Any questions that HMRC has? Don’t worry, we’ll answer those too. 

Claiming reliefs, such as R&D tax credits, is important. This gives you an opportunity to retain more capital in your business so it can keep on growing. We’ll also help reduce your tax bill by looking into any business expenses that could be deducted before your taxable profit is calculated.

It’s always best if your corporation tax return builds on from our bookkeeping and accounting services that we provide throughout the year so it’s worth taking on these services together.

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