Expert Corporation Tax Returns Services For Companies
Corporation tax is one of the biggest financial obligations for any UK-registered company. Filing it incorrectly or missing deadlines can lead to penalties, unnecessary tax payments, or even an HMRC investigation.
At pearl lemon accountants We handle every aspect of your corporation tax return (CT600)—from accurate calculations to strategic tax planning—ensuring compliance while reducing liabilities wherever legally possible.
Our Expert Corporation Tax Return Services
Corporation tax is a non-negotiable obligation for any UK-registered company. Filing it incorrectly, missing reliefs, or submitting late can lead to unnecessary payments and HMRC scrutiny. We provide exact, planned, and legally sound tax solutions, ensuring businesses pay only what they owe—nothing more, nothing less.
We handle every aspect of corporation tax, from accurate calculations to HMRC compliance and planned tax planning. Our services include:
Corporation Tax Return Preparation and Filing (CT600 Submission)
Every limited company must file a CT600 form to report its taxable income, reliefs, and final tax liability. We:
Collect and analyze profit and loss accounts, balance sheets, and financial statements.
Calculate net taxable profits, ensuring all allowable deductions and reliefs are applied.
Submit the return using HMRC-recognized tax software, ensuring compliance with Making Tax Digital (MTD).
Even a minor error in reporting can trigger an HMRC compliance check or an audit. We ensure accuracy, eliminating risks before submission.
Tax Computation and Profit Adjustments
Corporation tax is calculated on adjusted trading profits, not just net earnings. We:
Identify and disallow non-deductible expenses that could trigger HMRC red flags.
Maximize allowable expenses such as office rent, utilities, business travel, marketing, and salaries.
Adjust for capital allowances on equipment, machinery, and R&D investments.
Assess loss relief options, carrying losses forward or backward for tax efficiency.
With proper adjustments, businesses can significantly reduce their tax liability while remaining compliant
Capital Allowances and R&D Tax Relief
Many businesses miss out on legitimate tax-saving opportunities. We ensure:
- Capital Allowances: We apply the correct tax treatment for qualifying assets, including the Annual Investment Allowance (AIA) and Super Deduction Relief.
- Research & Development (R&D) Tax Credits: For companies investing in innovation, product development, or software solutions, we claim tax relief under the R&D Expenditure Credit (RDEC) scheme.
- Patent Box Relief: Businesses generating revenue from patented products can qualify for a reduced 10% corporation tax rate.
Claiming these correctly can reduce corporation tax liabilities by thousands of pounds.
HMRC Compliance and Audit Support
Any errors in a corporation tax return can trigger an HMRC compliance check or even a full audit. We:
Review returns for accuracy and risk exposure before submission.
Handle HMRC inquiries, providing necessary documentation and responses.
Assist in resolving tax disputes and negotiating settlements where required.
A tax investigation can disrupt business operations—we ensure our clients are prepared and protected.
Planned Tax Planning for Businesses
Corporation tax should be managed, not just paid. Our tax planning services include:
Dividend vs. Salary Strategies: Structuring director pay for tax efficiency.
Group Relief and Loss Utilization: Offsetting taxable profits within a group structure.
Pension Contributions: Maximizing tax-efficient savings for directors and employees.
Deferred Tax Considerations: Managing liabilities across multiple financial years.
Businesses that proactively manage tax obligations pay significantly less over time.
Industry-Specific Corporation Tax Services
Different industries face unique tax challenges. We offer customized tax solutions for:
Construction & Property Development: Handling CIS tax deductions, capital allowances on structures, and VAT implications.
E-commerce & Online Businesses: Managing cross-border taxation and VAT on digital sales.
Tech Startups & SaaS Companies: Maximising R&D tax credits and ensuring IP-related tax efficiency.
Professional Services: Ensuring allowable expense claims are correctly structured.
Industry-specific tax planning ensures compliance while minimising tax exposure.
Corporation Tax Deadline Management
Failing to file a corporation tax return on time leads to automatic fines and interest charges. We:
Send early reminders for approaching deadlines.
Prepare returns well before due dates to allow for client review.
Ensure full compliance, avoiding unnecessary penalties.
Corporation tax returns are due 12 months after the end of an accounting period, but the tax must be paid within 9 months and 1 day. We manage all deadlines to prevent last-minute issues.
Let’s Handle Your Corporation Tax with Precision
Corporation tax isn’t just another business task—it directly impacts financial health. We ensure accurate filings, strategic tax planning, and full compliance with HMRC. Avoid costly mistakes and unnecessary tax bills—let’s get it right from the start.
Frequently Asked Questions
Any limited company registered in the UK must file a corporation tax return (CT600) with HMRC, even if no profit was made.
HMRC imposes penalties starting at £100 for late submissions, increasing over time. Interest on unpaid tax may also apply.
Yes, amendments can be made within 12 months of the original filing deadline. After that, changes require direct contact with HMRC.
Eligible businesses can deduct an additional 86% of qualifying R&D costs, reducing corporation tax liability significantly.
Yes, trading losses can be carried forward to offset future profits, reducing tax liabilities in subsequent years.
