What is the legal requirement?
- All corporate bodies, including unincorporated associations, need to submit a corporation tax return when issued with a request to do so – form CT603 – by HMRC.
- All corporate bodies, including unincorporated associations, need to inform HMRC that they are in receipt of a potentially taxable income even if they have not been issued with a CT603, so that HMRC can activate their file.
- The tax return must include a set of accounts that are in iXBRL format, although small charities are currently exempt
- Corporation tax returns must be submitted within 12 months of the year end.
Why use Slade & Cooper to prepare your corporation tax return?
- We have software that produces iXBRL accounts satisfying the minimum tagging requirements
- All returns are submitted by us online, so you don’t have to interact with HMRC’s corporation tax solution
- We have many years’ experience of dealing with corporation tax for small businesses, social enterprises and charities
- We are familiar with the supplementary pages CT600E required for charities
- We aim to provide a good value service – see our pricing policy.