Company Tax Returns

 

A Company Tax Return is the financial information that most companies file with each year to report on their earnings, losses, loans and any other factors relevant to their tax liability. Companies use this information to calculate the Corporation Tax that they owe.  Company Tax Returns  Company Tax Returns with  via its website or by using third-party software such as TaxCalc. Companies can also file their accounts with Companies House at the same time as filing their Company Tax Return, provided that both reports cover the same accounting period. Company Tax Returns can be completed by the company or by an accountant. A business tax return is basically an income tax return. The return is a statement of income and expenditure of the business. Also,  any tax to be paid on the profits made by you is declared in this return. The return also contains details of the assets and liabilities held by the business. Items like fixed assets, debtors and creditors of business, loans taken and loans were given are declared here.