Understanding Corporation Tax, including rates, reliefs, and deadlines for payment and filing
Registering a company for Corporation Tax and setting up for Corporation Tax purposes
Calculating taxable profits, including adjustments to profit figures and distinguishing between allowable and disallowed expenses
Understanding and calculating Capital Allowances, including Annual Investment Allowance (AIA), First Year Allowance (FYA), Writing Down Allowance, and Research & Development Allowance
Managing losses and long periods of accounts, including their effects on Corporation Tax and trading profits basis periods
Treating qualifying charitable donations for tax purposes
Completing and submitting the CT600 form and ensuring compliance with Corporation Tax regulations
Paying Corporation Tax and adhering to deadlines for payment and filing
Understanding the rules and principles governing Corporation Tax and applying the relevant rates
Working out reliefs available to corporations and adjusting taxable profits accordingly
Ascertaining the Pre-Tax Corporate Tax Calculation (PCTCT) for applying taxable rates
Reviewing and finalising Corporation Tax calculations and submissions
Handling adjustments related to taxable profits and losses
Understanding the impact of long periods of accounts on Corporation Tax
Ensuring compliance with deadlines and regulations for Corporation Tax payments and filings
