Professional Company Formation Advice
What Is Business / Corporation Tax?
As a business owner, you are responsible for filing a self-assessment Company Tax Return with the HMRC. This needs to be done by the correct date so they can calculate the tax you may owe. This is a long and complex procedure with hefty penalties and interest charges if these dates are missed. You are also legally responsible for keeping comprehensive records of company income and outgoings for the purpose of tax calculations.
Running a business is hard enough without losing sleep over corporation tax returns. At Yorkshire Accountancy, we take the stress and strain out of the picture. What could be better than having a team of bright and fresh young professionals taking care of your corporation tax assessment. Meanwhil you clear your head and get on with running your business?