Corporation Tax

[Dxmian]

Hi,

Could you register for corporation tax now even though the business would starting running/operating from April? or is it too early to register?

Thanks

 

[billmccallum1957]

gov advice is...

• Register for Corporation Tax when you start doing business or restart a dormant business. Unincorporated associations must write to HMRC.
  

• Keep accounting records and prepare a Company Tax Return to work out how much Corporation Tax to pay.
  

• Pay Corporation Tax or report if you have nothing to pay by your deadline - this is usually 9 months and 1 day after the end of your ‘accounting period’.
  

• File your Company Tax Return by your deadline - this is usually 12 months after the end of your accounting period.
  

 

[Dxmian]

the company has been made but we will start doing business from April, so I should wait with the corporation tax registration?

 

[billmccallum1957]

The key phrase above is " when you start doing business ", so Yes, when you start in April you register.