We can file your Statutory Returns easily for you!

STATUTORY RETURNS

We'll remind you when your tax return is due, so you can allocate your cashflow accordingly. Our team will also ensure you're utilising any tax incentives available to you.

The Importance of Filing Taxes on Time

A Company Tax Return is the financial information that most companies file with HMRC each year to report on their earnings, losses, loans and any other factors relevant to their tax liability. Companies use this information to calculate the Corporation Tax that they owe.

Every year, there is a deadline for filing these returns, and the tax authorities will charge you penalties if you do not meet this deadline. The main types of penalties are shown below: One day late: £100 penalty. Three months late: Another £100 penalty.

You can be fined, you may also have to pay interest on any amount you owe. It is best to lodge on time even if you can't pay the amount you owe. You can usually arrange a payment plan. A late payment is better than a late lodgment.