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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 twelve 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 1 to 1 Accountants Limited, we can help you to prepare company accounts, tax returns and carry out the necessary calculations.
If you require help with your corporation tax, please speak to a member of our team.
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