Key Deadlines for Limited Companies: Company Accounts and Corporation Tax
Introduction
Understanding and adhering to the deadlines for filing company accounts and corporation tax returns is critical for all limited companies in the UK. Missing these deadlines can lead to penalties, interest charges, and even legal action. In this blog, we’ll cover the key dates for submitting company accounts to Companies House and corporation tax returns to HMRC.
Company Accounts Filing Deadline
Companies must submit their accounts to Companies House within 9 months after the financial year ends. For example, if your company’s financial year ends on 31st March 2024, you must file your accounts by 31st December 2024.
Corporation Tax Filing Deadline
The deadline for submitting your corporation tax return to HMRC is 12 months after the end of the accounting period. For example, if your accounting period ends on 31st March 2024, you must file your corporation tax return by 31st March 2025.
Payment of Corporation Tax
Corporation tax payments are due 9 months and 1 day after the end of the accounting period. For example, if your accounting period ends on 31st March 2024, your corporation tax payment is due by 1st January 2025.
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