Private Limited Companies
We target each year to complete the Limited Company Accounts within 3 months after the Year End.
This is important and benefits the business as per 👇
- Tax Planning ✔
- Filed Up to date in good time ✔
- Corporation Tax payments can be paid before the due date and if there is a large Corporation Tax Bill then instalments can be made ✔
- Record Keeping encouraged to be completed in Real-time by using Cloud Software so able to monitor all balances ✔
- Corporation Tax Rebate if pay the liability before the Due Date ✔
Please note the following deadlines 👇
Companies House: 9 Months after the Year End (Although different if it is the first year and the Accounts have not been shortened)
HMRC CT600 12 months after the Year End
HMRC Corporation Tax Due 9 Months and 1 Day after the Year End
The 👆 Due Dates are clearly outlined and apply to Private Limited Companies but it does not mean that the deadlines to be submitted just before the due date and some clients may feel left disappointed if they approach their current Accountants or appoint an Accountant for the first time or even a New Accountant so close to the deadline and the Accountants are occupied and busy with other deadlines
If we can assist and advise further on how to manage records and to keep up to date more frequently to ensure greater efficiency and productivity then please feel free to contact us
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