Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly reporting the corporation tax liability falls on the directors.
There are a number of procedures for filing your company’s tax return and the computation of your profits for tax purposes is a service that flows from the production of your accounts. At Charterhouse, we can calculate your company’s tax liability and assist you in completing your tax return and/or resolving any disagreements you may have with the taxman, regarding your company’s tax affairs.
Effective corporate tax planning can result in potentially significant improvements to your bottom line. We generally work with companies prior to their financial year-end to identify ways in which corporation tax can be mitigated or deferred.
We understand the issues facing businesses and are committed to providing expert, objective and timely tax advice, delivered in an efficient and effective manner. Your increased reporting obligations, wider HMRC investigation powers and harsher penalties for noncompliance, mean that your time and resources can be taken up with tax administration. We can help you to minimise tax exposure and relieve the administrative burden.
Our strategic yet pragmatic approach means that our tax advice is designed to meet your objectives, yet provide the practical steps that deliver confidence, consistency and compliance. We will calculate your business’ tax liability, assist with the calculation of any payments and liaise with HM Revenue & Customs on your behalf.