Company tax
Understand the tax behind your company’s results.
Practical Corporation Tax preparation and planning discussions built around the facts of your business.
Clear work. Practical explanations.
A company’s accounting profit is the starting point for its Corporation Tax position, but it is not always the final taxable figure. Understanding the relevant adjustments and the information behind them is an important part of preparing a company’s return.
Taxwell works with your company’s records and accounts to prepare the tax work included in your engagement. We explain the calculation, raise questions about transactions that need review and help you understand the next steps before a return is approved.
What the service can cover
Review the company’s tax position
Consider the accounts and supporting records, including expenditure, assets, borrowing and other relevant transactions. We identify items that need further information before the company’s tax calculation is completed.
Prepare the calculation and return
Prepare the Corporation Tax computation and Company Tax Return within the agreed scope. We explain the outcome, deal with preparation queries and agree how approval and submission will be handled.
Plan with the right information
Discuss proposed changes while there is time to review the facts. Major purchases, ownership changes or unusual transactions may call for additional advice; we identify the work required and agree it with you in advance.
Bring the tax conversation forward.
Tax is easier to discuss when the underlying records are current and important transactions are raised early. We encourage you to tell us about significant plans before they are finalised so that relevant accounting and tax questions can be considered. Planning depends on your circumstances; we do not promise a particular saving or outcome.
What we need to get started
- The company’s accounts or current trial balance and bookkeeping records
- Details of fixed assets, disposals, financing and significant expenditure
- Information about director transactions and connected businesses
- Previous Corporation Tax returns and relevant HMRC correspondence
A straightforward way to work together
- Understand your requirements. We discuss your circumstances, existing records and the support you are looking for.
- Confirm the scope and fee. You know which services are included, who is responsible for each step and what information is needed.
- Agree the next steps. We set a practical process for sharing records, resolving queries and reviewing the work with you.
Before we get started
Can you handle the accounts and Corporation Tax work together?
Yes. We can agree a combined engagement so the same records support both processes. The quote confirms the accounts, tax preparation, filing and other responsibilities included.
Are specialist tax claims included automatically?
No. Work such as research and development claims, reorganisations or complex transaction advice requires its own review and agreed scope. Tell us what you are considering so the appropriate work can be identified.
How do I request a quote for this service?
Use the quote-request page or arrange a conversation with Taxwell. Tell us about your business or personal circumstances and the support needed. We review the requirements and confirm the work and fee before the engagement begins.
Let’s find the right support for you.
Speak to Taxwell about company tax. We will discuss your requirements and agree a practical next step.
