Skip to content

Blog: Corporation Tax

Upcoming corporation tax changes

It was announced at Budget 2021 that from 1 April 2023 different rates of corporation tax will apply depending on the level of taxable profits of a company and number of ‘associated’ companies.  This is very similar to the corporate tax rules which applied prior to 1 April 2015. In summary, from 1 April 2023

Read more

Company tax returns must include COVID-19 grants says HMRC

Taxpayers are being reminded that COVID-19 support grants or payments should be declared on company tax returns as they are taxable. HM Revenue & Customs (HMRC) has issued a reminder that the filing deadline for company tax returns (CT600) is 12 months after the end of the accounting period it covers. The deadline to pay

Read more

Give yourself Time to Pay

Give yourself Time to Pay Taxpayers who are unable to pay their Self-Assessment (SA) bill can use the option of paying by instalments with a Time to Pay arrangement with HM Revenue & Customs (HMRC). If you cannot pay a Self-Assessment tax bill you can make your own Time to Pay arrangement using your Government Gateway account,

Read more

Updated Requirements For Submitting Corporation Tax CT600 Return

With the winding up of the Coronavirus Job Retention Scheme (CJRS) or furlough, at the end of September, it is vitally important that all employers are up to date with their Corporation Tax Form CT600, particularly over grants received from the scheme. HM Revenue & Customs (HMRC)  is looking to close any loopholes and ‘claw

Read more