Business tax

Companies are required to estimate their own liability to corporation tax, and pay the tax due by a specific date, which is typically nine months and one day after the end of its accounting period.

HMRC requires a company tax return to be filed within 12 months of the company’s year-end. Interest is charged in any late payments of corporation tax, with additional penalties being issued for the late filing of a company tax return.

Here at HMB Accountants, we can help you to prepare company accounts, file tax returns and carry out the necessary calculations.