There are all sorts of dates to remember to submit tax returns and make payments, so this is a summary of the submission and payment deadlines for corporation tax, self-assessment, payroll and VAT for you for 2022. Even if the dates fall on a weekend or bank holiday the return/payment is due on or before that date.
Corporation tax and Companies House
Corporation tax is paid by limited companies and is currently 19% of taxable profits.
Corporation tax deadlines and the filing of company accounts, depend on a company’s accounting period. An accounting period is the period of time the accounts cover. It’s usually for 12 months, but can be for up to 18 months (generally, it’s when you start your company).
A corporation tax return can only be for a maximum of 12 months. For any period longer, you would file two tax returns for the same accounting period.
Here are the key milestones:
- Accounts to Companies House, nine months after end of the accounting period
- Corporation tax payment due, nine months + one day after end of the accounting period
- Corporation tax return due, 12 months after a company’s accounting period
You need to pay the corporate tax before the return is due - but you should prepare the return, so you know how much is owing.
Limited companies are required to file their accounts with Companies House nine months after the end of the accounting period. In the first year, the due dates for filing are different and you will receive notification from Companies House and HMRC.
Most people choose to use the same year end for corporation tax and statutory accounts to keep things simple.