All limited companies that are not dormant for corporation tax purposes must file their corporation tax returns to HMRC and they must be filed online. The deadline for filing corporation tax returns is one year after the company’s year end. The year end for corporation tax must be the same as the accounts.
VAT registration & returns: Businesses (both limited companies and sole traders/self-employed) with turnover of £85,000 or over (current threshold) must register for VAT and submit their VAT returns online to HMRC on or before the deadline. The VAT returns can be filed monthly, quarterly or yearly.
Looking for a professional management accounting services in London, UK? At MW Accounting Services we can tailor-make a management accounts solution which will help you run your business better. Management accounts: these are mainly for internal. A set of financial data from management accounts is used by business management for their decision making. They are usually prepared on a monthly basis. Name: MW Accounting Services https://www.mw-accounts-services.uk/services/management-accounting-services/