Limited Company Accounts

For a limited company you have a statuary responsibility to prepare both annual accounts for Companies House and Corporation Tax return for HMRC also known as CT600.

Limited Company Accounts By Total Tax Accountant

 LIMITED COMPANY ACCOUNTS

Importance

At Total Tax Accountants we take each company as an individual and draw a tax planning accordingly. Type of planning solely depends on type of trade and turnover your company has. Commonly these planning’s include combination of salary / dividends, working from home allowance, travel expense if using personal car, type of assets company intend to buy, Life insurance for directors and identification of any tax relief available.

The Deadlines

The submission of Company accounts are generally 9 months from the close of company accounting year. iXBRL accounts and company tax returns both needs to be filed with HMRC with CT600. Any corporation tax payable also must be paid within 9th month after the end of company accounting year. These accounts must be prepared in accordance to the guidelines set out by Companies House, HMRC and Financial reporting standards.

Above all tax planning models mentioned are then designed by our expert tax advisors around your business activity and turnover forecast.

 LIMITED COMPANY ACCOUNTS

How can we help !

At Total Tax Accountants we can help you fulfilling all your statuary requirements in order to run your business smoothly. Our expert tax advisors can help you be on a most tax effective plan from day one to save you from big tax bills.