Corporation tax
For every accounting period for corporation tax, your company must file a self-assessment corporation tax return with the Revenue. Your company must also pay its tax bill by the due date.
Our corporation tax service is designed to ensure that you meet all your corporation tax reporting obligations well before the due date. We calculate how much tax you owe taking in account the various adjustments required by tax law. We check that all available reliefs and allowances have been claimed so as to minimise your tax bill.
Using market leading tax software, we make sure that your company’s corporation tax return is correctly completed with all the details and supporting documents required by the Inland Revenue. We advise you on the due date for payment so that you can plan your cashflow.
Once your company’s tax return has been submitted, the H M Revenue and Customs may decide to enquire into it. We will correspond with the Revenue on your behalf, keeping you fully informed throughout.
Recognising that enquiries can be a considerable burden, we will advise you on the disclosures in your return necessary to reduce the risk of enquiry. To reduce your exposure to costs if your return is investigated, we offer professional fee protection insurance.
Corporate Tax Planning
We aim to help our corporate tax clients structure their affairs so as to pay the least amount of tax, taking advantage of all the reliefs allowed by tax law.
- Here are some of the ways in which we have successfully helped corporate clients to reduce their tax bills:
- Advising on what expenditure is, and what is not, allowable against tax
- Advising on the timing of fixed asset additions and maximising capital allowances claims
- Obtaining advance clearances from the Revenue in respect of particular complex transactions
- Optimising the use of tax losses
- Planning for the impact of international transfer pricing rules
- Making best use of overseas tax credits
- Advising on the disposal of significant shareholdings under the SSE legislation
For new corporate clients, we offer a full review of your company’s corporation tax position. Please contact us if you would like to know more.