Corporation tax is a tax that is payable from all taxable profits of any company that is based in the UK, no matter where in the world the profit was generated. Corporation tax is calculated and paid annually based on every company’s “Corporation Tax Accounting period”, which is usually the same as the company’s financial year. If the company is based outside of the UK, it must pay corporation tax on all taxable profits that were made in the UK. Corporation tax return is the company tax return and notifies HMRC whether your company has made a profit or loss and how much tax they are owed, if any. We can prepare your annual corporation tax calculation of your profits, your tax return CT600. We can deal with HMRC enquiries, file your accounts with HMRC and in general, we can ensure that you remain fully compliant with your legal obligations.