We Understand How Corporation Tax Actually Works, Not Just The Basics

Corporation tax applies to your company's profits during its accounting period. The two main rates are 19 percent on profits up to £50,000 and 25 percent on profits over £250,000, with marginal relief in between.

A 25 percent rate doesn't mean your company will pay corporation tax at a flat 25 percent of profit. Marginal relief and other reliefs often bring the real bill down, and missing them means you pay corporation tax you didn't need to.

We also check corporate interest restriction rules, capital allowances, and Research and Development tax relief. This can minimise how much corporation tax your business pays, and helps ensure your taxable profits are calculated correctly.

We Keep You On The Right Side Of HMRC Deadlines

Corporation tax is due 9 months and 1 day after your accounting period ends. Your return has to be filed within 12 months of the same date.

Miss either one and penalties add up fast, even with a loss and nothing owed. A company can still need to file a return with no tax to pay, which catches directors out.

We track every deadline for you and file well before the cut-off, so you never pay corporation tax late and never miss a relief because the window has closed.

We're Qualified, Insured, And Easy To Reach

You'll speak to someone who prepared your return, not a queue, and who'll walk you through the details in plain terms. We carry professional indemnity insurance and keep our expertise current with HMRC rules, so you're relying on real expertise and experience, not guesswork, about your own company's tax position.

Our team brings real breadth and depth of corporate tax experience across limited companies of every size, based in the UK. We're registered with the relevant professional bodies, and every company we work with is registered with Companies House and HMRC.

If your company is VAT registered too, we manage that alongside your corporation tax instead of treating it separately. Newly registered companies often need extra support with their first return, and that's where our experience adds the most value.

We start by getting your company accounts and records from you or your bookkeeper. Then we build your tax computations, adjusting your accounting profit for anything HMRC doesn't allow as a deduction, since accounting profit and taxable profits are rarely the same number.

Once the numbers are right, we check for tax reliefs and allowances your business is entitled to, and look at tax planning opportunities before your year end where they apply. We use straightforward accounting tools to keep your records accurate, which gives you clearer insight between returns, not just once a year.

Then we prepare your corporate tax return, walk you through it in plain terms, and file it once you're happy. We keep track of your transactions and company accounts throughout the year, where we manage your bookkeeping too, which means fewer surprises when your corporation tax is due.

Based on our own recent projects, most small limited companies pay between £400 and £1,200 a year for their company tax return and year-end accounts together. A simple company with tidy bookkeeping sits nearer the lower end, while a business with property income or more transactions sits higher.

This is a rough guide and the actual cost varies with your company's size, transaction volume, and how complete your records are. Get in touch, and we'll offer a fixed quote once we know more about your company.

What Affects How Much Your Corporation Tax Service Will Cost

Revenue, transaction volume, VAT registration, payroll, and how organised your bookkeeping is all affect the cost. A business with several income streams or investments usually needs more support than a simple company with clean records.

We work with limited companies across the UK, from first-time filers to established businesses with more complex affairs. As your accountant, we want your return handled properly and on time, so get in touch with our accountant-led services at Vexo Accounting today for a free quote.

Our head office team is easy to reach by phone or email, just a click away. Speak to us before your year-end, and you'll find we're helping companies get a head start on next year's planning.

Tell us a bit about your company, and we'll come back with a clear, fixed price and a plan to meet your deadline. No jargon, no guesswork, just a straight answer.