Corporation tax

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Tensai replied

16 January 2008, 16:47
Originally posted by morsing View Post

I've got an accountant yes (*sigh*) and asking him stuff is going into a black hole I think... Yeah, I know, I need to find a new one...

Any guesses on how long before Matthew at SJD jumps in?
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morsing replied

16 January 2008, 14:59
Originally posted by Dow Jones View Post

CT has nothing to do with the tax year (to Apr). Payments (and accounts) are due up to 9 months after the anniversary of your company formation. Have you got an accountant and if so, why don't you ask him?

Thanks, that's what I was curious about.

I've got an accountant yes (*sigh*) and asking him stuff is going into a black hole I think... Yeah, I know, I need to find a new one...
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Dow Jones replied

16 January 2008, 14:39
Numptie

[QUOTE=morsing;424388]Hi, I only started contracting in April last year. I'm just wondering if I'll be asked to pay corporation tax this year of if it's not till next year? Also, if this year when will it be and can I estimate how much?

CT has nothing to do with the tax year (to Apr). Payments (and accounts) are due up to 9 months after the anniversary of your company formation. Have you got an accountant and if so, why don't you ask him?
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malvolio replied

16 January 2008, 13:54
Originally posted by r0bly0ns View Post

Due 9 months after company year end I believe.

Correct, and use 20% of gross profit if you want to work out an estimate for this year (it was 19% last year and is going up 1% a year until 2010 - at the moment)
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r0bly0ns replied

16 January 2008, 13:39
Due 9 months after company year end I believe.
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Cooperinliverp00l replied

16 January 2008, 13:34
Originally posted by morsing View Post

Hi, I only started contracting in April last year. I'm just wondering if I'll be asked to pay corporation tax this year of if it's not till next year? Also, if this year when will it be and can I estimate how much?

Thanks,
Henrik Morsing

I too started LTD co last april and i was under the impression you normally have quite a lot of time to pay up i'm talking months and months but know exactly off the top of my head
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morsing started a topic Corporation tax

16 January 2008, 11:00
Corporation tax

Hi, I only started contracting in April last year. I'm just wondering if I'll be asked to pay corporation tax this year of if it's not till next year? Also, if this year when will it be and can I estimate how much?

Thanks,
Henrik Morsing
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