Is your need a return or a decision?
If a return needs preparing, start with the accounting period and the state of the company records. If you are weighing up an investment or structural change, start with the proposed decision. Those conversations may overlap, but they have different immediate aims.
Preparing a corporation tax return
A corporation tax return draws on company accounts and supporting information. It is important to understand the figures and any adjustments before the return is finalised. The detailed return page explains the records and review process.
Considering company tax choices
Planning begins with facts, timing and the commercial purpose of a decision. Tax is one consideration alongside cash, ownership and longer-term plans. We can discuss the questions relevant to your company rather than assume one approach suits every director.
company tax planningWhat to discuss first
For a useful first conversation, bring a summary of the current position and the decision or deadline involved. Previous accounts, recent figures and HMRC correspondence can help establish what further information is needed.
Your questions, answered.
Are company accounts and tax returns the same?
No. They are related but distinct, and may have different filing dates. Agree both tasks when discussing the work.
Can planning happen before year-end?
Yes. Discussing a proposed action before it happens gives time to consider its implications.
What records are relevant to company tax?
Accounts, transaction records and details of unusual or significant changes are a useful starting point.