Wenzo guidesWhy might I need two tax returns?
A Corporation Tax accounting period cannot be longer than 12 months, as HMRC’s guide to accounting periods explains. A longer accounts period can therefore need two Company Tax Returns.
The date trading started matters too, because a company may not have traded from the day it was incorporated. So don’t assume every first company year needs exactly one return. It depends on your dates, and GOV.UK has more on your first accounts and Company Tax Return.
What should I send?
- The incorporation date.
- The date trading began.
- The accounts dates you intend to use.
- Any HMRC notices you have had.
- Records of the company’s opening funding.
Is your first set of accounts due?
We prepare your first annual accounts and Company Tax Return, bookkeeping included, so you don’t need to keep books first. From £199, paid when you approve, and nothing is filed until then.
Find your companyHow does this affect the price?
We look at periods over 12 months, and periods needing more than one return, before we agree the scope and price.
Any extra return is either clearly included in your quote or quoted separately, so you know where you stand.
Need help with your annual accounts?
Call or WhatsApp us for a free, no-obligation chat. Send what you have, even if it’s incomplete.
Call 020 7123 9335