Corporation Tax

We work closely with our clients to understand their operations and identify opportunities for tax optimisation, and explore applicable reliefs.

Corporation Tax

We identify the financial structures, goals, and challenges of every company. Then our approach to customising Corporation Tax solutions.

On Call Accounting

Corporation Tax

At On Call Accounting, our expert team is here to provide comprehensive Corporation Tax services designed to optimise your tax position and ensure compliance with the latest tax laws. From accurate calculation and timely filing to strategic advice on allowances and reliefs, we are dedicated to helping businesses of all sizes minimize their tax liabilities ethically and efficiently. Our Corporation Tax solutions aim to empower you with the financial insights needed to make informed decisions, ultimately contributing to the overall success and profitability of your company. Trust On Call Accounting for professional expertise in managing your Corporation Tax obligations, allowing you to focus on the growth of your business.

Frequently Asked Questions

What is Corporation Tax, and who is liable to pay it?

Corporation Tax is a tax on a company’s profits. Limited companies, foreign companies with a UK branch or office, and some clubs and associations are liable to pay Corporation Tax.

How is Corporation Tax calculated for my business?

Corporation Tax is calculated based on your company’s profits. The process involves adjusting accounting profits for tax purposes, considering allowable expenses, reliefs, and allowances. We can guide you through this.

When is the deadline for filing Corporation Tax returns in the UK?

The deadline for filing Corporation Tax returns is usually 12 months after the end of your company’s accounting period. Payment deadlines may vary, and timely submission is crucial to avoid penalties.

Are there any tax reliefs or allowances available to reduce Corporation Tax liability?

Yes, there are various reliefs and allowances, such as Research and Development (R&D) tax credits, capital allowances, and group relief. We can help you to identify and apply these opportunities to reduce your Corporation Tax.

Can you assist with HMRC investigations or audits related to Corporation Tax?

Certainly. If your business faces an HMRC investigation or audit, our team is experienced in providing support and representation to ensure a smooth process and fair resolution.

Why Should You Choose On Call Accounting?

Our team of accountants have wealth of accounting experience of providing excellent and tailored services to our clients. We are committed to provide excellent accounting services to all. Nearly 60% of new clients are recommended to us by our existing valuable clients.

We pride ourselves in providing a prompt, professional, and cost-effective service to our clients. We are happy to agree fixed fees for the work undertaken where the terms have been agreed with the client. Our firm is accredited by the Certified Public Accountants Association of the United Kingdom.

Get In Touch With Us

On Call Accounting values your inquiries and is eager to assist you. If you have any inquiries or if there’s anything specific you’d like to discuss regarding our Accountancy and Tax services, our dedicated team is ready to assist you.