Corporation Tax Services in the UK.

Corporation Tax is a levy on the profits of UK-based companies and certain organizations, including clubs, societies, and charities. It applies to trading profits, investments, and capital gains.

Currently, the standard Corporation Tax rate is 19%. From April 2023, the main rate will rise to 25% for profits over £250,000, with a small profits rate of 19% for profits up to £50,000, and marginal relief for profits between £50,000 and £250,000.

At Xact+ Accountants, we provide expert Corporation Tax preparation and filing services that keep your company fully compliant with HMRC—accurate, stress-free, and penalty-free.

Who Needs to Pay Corporation Tax?

• All UK-registered limited companies

• Foreign companies with UK branches or offices

• Certain clubs, societies, and associations operating in the UK

If your business earns taxable profits, you are required to file a Corporation Tax return annually and pay the liability on time.

Why Understanding Corporation Tax Matters

✔ Accurate Financial Planning – Clear tax obligations = better business forecasting.
✔ Avoid HMRC Penalties – Stay compliant and avoid costly fines.
✔ Strategic Decisions – Use tax planning to cut costs and boost profits.

What’s Included in Our Corporation Tax Services

📌 Corporation Tax Return Preparation & Filing – Complete and accurate CT600 filing.
📌 Tax Planning & Advisory – Strategies to minimize your liability.
📌 Compliance & Reporting – Meet HMRC deadlines with confidence.
📌 MTD Transition Support – Guidance on Making Tax Digital compliance.
📌 HMRC Submission Confirmation – Receive submission proof and reference numbers.