Annual statement "confirmation statement", is obligatory in all cases? or depends?

[Mik Digital]

One query, I have a little confusion about this:
If I am overseas but have a LTD in UK. my LTD, is not a year old yet and does not generate less than £10,000 a year. It has not even generated 1000.
In such a situation, do I have to make any declaration anyway or not?
And in such a case, how would the declaration be done online and without the lack of institutionalized programs?
My tax would be 0% ?
Do I have to pay Corporation Tax?

And even if I do not have to pay taxes and it generates less than 10k pounds per year, the tax rate of 19% would be applicable? but where would this 19% come from?


Greetings

I remain attentive, thanks in advance.


Best wishes to all!

 

[fisicx]

Yes you do.

Filing your company's confirmation statement

What the confirmation statement is and how to send your statement to Companies House.

www.gov.uk

And you have to pay tax:

Corporation Tax rates, expenses and reliefs

Working out your Corporation Tax rate and getting reliefs and other deductions from your Corporation Tax bill

www.gov.uk

The person at your UK registered address needs to action any letters received from CH and HMRC.

<edit>Checked your address. You may be in trouble as CH needs a company representative to be present to accept company documents. The law is changing.</edit>

 

[GriffithAccts]

Hi Dylan,

Even if you are resident in Columbia, and have a UK limited company, you need to adhere to all the UK limited company requirements.

For Realm of the Storm Ltd:

First accounts are to the period to 31st December 2024. These need to be submitted to Companies House by 9th September 2025. You will also need to do a confirmation statement, this is due by 22nd December 2024. As your accounting period is over 12 months long, you will need to also submit 2 corporation tax statements.

If you need help, reach out,

Best,

Daniel

 

[Mik Digital]

The person at your UK registered address needs to action any letters received from CH and HMRC.

<edit>Checked your address. You may be in trouble as CH needs a company representative to be present to accept company documents. The law is changing.</edit>

Hi Fisicx, as far as I understand, for situations like CH or others, to accept the documents from the company can be used postal correspondence can be ordered to postal services. And, thanks to them the correspondence always arrives without getting lost.

For example, UkPostBox.

 

[fisicx]

The law is changing. In future the registered address must have a company representative. Addresses such as the one you use will no longer be acceptable.

 

[Mik Digital]

The law is changing. In future the registered address must have a company representative. Addresses such as the one you use will no longer be acceptable.

I understand. But I would like to know more information about it. I didn't know that there is going to be a change in the legislation regarding this.

Is there a way to track the change in these laws?

Is it ongoing in any legislative chamber?

Or should I follow any newspaper?

Will it depend on the current government?

Any additional information on this would be greatly appreciated.


I remain attentive and appreciate responses.

 

[fisicx]

Set up a private limited company

Incorporate a private limited company - register it with Companies House and rules on directors, shares, articles of association and telling HMRC about the company

www.gov.uk

The rules changed in Mar 2024

 

[babygifts]

One query, I have a little confusion about this:
If I am overseas but have a LTD in UK. my LTD, is not a year old yet and does not generate less than £10,000 a year. It has not even generated 1000.
In such a situation, do I have to make any declaration anyway or not?
And in such a case, how would the declaration be done online and without the lack of institutionalized programs?
My tax would be 0% ?
Do I have to pay Corporation Tax?

And even if I do not have to pay taxes and it generates less than 10k pounds per year, the tax rate of 19% would be applicable? but where would this 19% come from?


Greetings

I remain attentive, thanks in advance.


Best wishes to all!

Great questions! Generally, if your LTD hasn’t generated significant income, you may not need to pay Corporation Tax or file a tax return, especially if your income is below the threshold. However, it’s important to declare your status to HMRC, even if it’s a nil return. The 19% Corporation Tax rate applies only when profits exceed £250,000, so if you’re below that, you might not have to worry about it. Always best to consult a tax professional for specific advice!

 

[Mark T Jones]

The 19% Corporation Tax rate applies only when profits exceed £250,000, so if you’re below that, you might not have to worry about it. Always best to consult a tax professional for specific advice!

QED

 

[fisicx]

The 19% Corporation Tax rate applies only when profits exceed £250,000, so if you’re below that, you might not have to worry about it.

Are you sure?

Corporation Tax rates and allowances

www.gov.uk

You pay 19% if profits are under £50k

 

[Newchodge]

especially if your income is below the threshold.

What threshold?????

 

[Newchodge]

Great questions! Generally, if your LTD hasn’t generated significant income, you may not need to pay Corporation Tax or file a tax return, especially if your income is below the threshold. However, it’s important to declare your status to HMRC, even if it’s a nil return. The 19% Corporation Tax rate applies only when profits exceed £250,000, so if you’re below that, you might not have to worry about it. Always best to consult a tax professional for specific advice!

Last sentence is great advice. I hope you follow it yourself as the rest of your post is not accurate.

 

[fisicx]

I hope you follow it yourself as the rest of your post is not accurate.

Especially the bit about not having to pay tax!

 

[Newchodge]

Especially the bit about not having to pay tax!

Especially all of it except the last sentence.

 

[DontAsk]

Great questions! Generally, if your LTD hasn’t generated significant income, you may not need to pay Corporation Tax or file a tax return,

You Pay Corporation tax on profit, any profit.

especially if your income is below the threshold. However,

Personal income and tax thresholds have nothing to do with CT, other than in a roundabout way. If you use all of the company profit to pay yourself a wage then there will be no profit to tax. You previous statement would then make a little more sense.

it’s important to declare your status to HMRC, even if it’s a nil return. The 19% Corporation Tax rate applies only when profits exceed £250,000,

The 19% rate applies UP TO £250,000. Above that it's 25%. There hasn't been a nil rate for CT whilst I've been in business, maybe never.

so if you’re below that, you might not have to worry about it.

Wrong.

Always best to consult a tax professional for specific advice!

Have you done so? If so, I would find a different one who knows what they are talking about before you get into serious difficulties.

 

[fisicx]

19% is up to £50K. Above £250k is 25%. In between is variable.

@Mik Digital - you really need to get an accountant. Especially as you live overseas and have a very dodgy registration address.

 

[GriffithAccts]

One query, I have a little confusion about this:
If I am overseas but have a LTD in UK. my LTD, is not a year old yet and does not generate less than £10,000 a year. It has not even generated 1000.
In such a situation, do I have to make any declaration anyway or not?
And in such a case, how would the declaration be done online and without the lack of institutionalized programs?
My tax would be 0% ?
Do I have to pay Corporation Tax?

And even if I do not have to pay taxes and it generates less than 10k pounds per year, the tax rate of 19% would be applicable? but where would this 19% come from?


Greetings

I remain attentive, thanks in advance.


Best wishes to all!

I think you really need professional advice from the posts I am seeing from you in UK business forum. It is questions on registered office, confirmation statement, tax. I know I am a professional advisor, but really just go on google.co.uk and look up accounting services and pick someone. They can add a lot of value. You are operating from Columbia as a non resident. You really need some local in country assistance, so reach out to someone.

 

[FriendsInvest]

One query, I have a little confusion about this:
If I am overseas but have a LTD in UK. my LTD, is not a year old yet and does not generate less than £10,000 a year. It has not even generated 1000.
In such a situation, do I have to make any declaration anyway or not?
And in such a case, how would the declaration be done online and without the lack of institutionalized programs?
My tax would be 0% ?
Do I have to pay Corporation Tax?

And even if I do not have to pay taxes and it generates less than 10k pounds per year, the tax rate of 19% would be applicable? but where would this 19% come from?


Greetings

I remain attentive, thanks in advance.


Best wishes to all!

To answer your question:

• Do I need to file Corporation Tax?
  Yes. Even with no revenue or profit, every UK Ltd must file a Corporation Tax return with HMRC.
• Will I pay Corporation Tax if I have zero profit?
  No. Corporation Tax is 19% on profits. If your profits are zero, you pay zero—but you still need to file.
• How do I file this online?
  Use HMRC’s Government Gateway. You can declare zero profit directly online—no special programs are needed.
• What about revenue under £10,000?
  Revenue alone isn’t taxed—only profits are. Less than £10,000 revenue and no profit? Then no tax is due, but you must still file.
• Any other requirements?
  Yes, file an annual confirmation statement and accounts with Companies House to keep the company active.

 

[Mik Digital]

To answer your question:

• Do I need to file Corporation Tax?
  Yes. Even with no revenue or profit, every UK Ltd must file a Corporation Tax return with HMRC.
• Will I pay Corporation Tax if I have zero profit?
  No. Corporation Tax is 19% on profits. If your profits are zero, you pay zero—but you still need to file.
• How do I file this online?
  Use HMRC’s Government Gateway. You can declare zero profit directly online—no special programs are needed.
• What about revenue under £10,000?
  Revenue alone isn’t taxed—only profits are. Less than £10,000 revenue and no profit? Then no tax is due, but you must still file.
• Any other requirements?
  Yes, file an annual confirmation statement and accounts with Companies House to keep the company active.

Is the Companies House confirmation statement the only one or do you have to file a second one with HMRC? if there is a second one with HMRC, do you have a link related to it?

I still have this question.

 

[fisicx]

HMRC is tax. CH is the confirmation statement.

Get yourself an accountant!