Every company that is based in the UK is subject to Companies House regulations and liable for corporation tax calculated on their profits. This includes all types of companies even clubs and charities.
Once your company has been set up it is required to submit Year End Accounts to Companies House.
Most UK companies are liable for corporation tax. Corporation tax is owed to the HMRC and is calculated on your company’s, taxable profit for the financial year in question.
How much does an accountant cost for a small limited company?
As part of a fully inclusive package we will look after the compliance side of things (Companies House & HMRC) and also offer the business support which many small companies find an invaluable service, which assists directors with the day to day running of the company.
Our service makes running a Limited Company and the process of filing your Statutory Accounts and Corporation Tax as stress free as possible.