Books and balances
Directors and shareholders
Deadlines
Three deadlines from one date
Everything runs from the end of the company's accounting period. Annual accounts go to Companies House within 9 months (21 months from registration for the first accounts). Corporation Tax is payable 9 months and 1 day after the period ends. The Company Tax Return (CT600) is due 12 months after it.
The confirmation statement is separate: it's due at least once every 12 months from incorporation or your last statement date, with 14 days to file after the review period ends.
The director's loan account
If a director who is also a shareholder owes the company money at the year end and it isn't repaid within 9 months, the company pays Corporation Tax on the outstanding amount and reports it on form CT600A. The tax is repaid once the loan is cleared, but not before 9 months and 1 day after the end of the period in which it was repaid.
Related
What else will you need?
- TemplateDividend voucherA dividend voucher is the record a limited company issues each time it pays a dividend.PDFWord
- SA100SA100 tax returnThe SA100 is HMRC's main Self Assessment tax return.
- ChecklistSelf Assessment documents checklistBefore you file a Self Assessment return, gather your UTR and National Insurance number, your Government Gateway sign-in, any P60, P45 or P11D, your business and rental income and expense records, interest and dividend statements, details of anything you sold that may have made a gain, and records of pension contributions and Gift Aid.PDF
Rather we did it?
Countify can handle this for you, for a fixed fee agreed upfront.
Questions
Frequently asked questions.
When are my company accounts due?
Annual accounts are due at Companies House 9 months after the end of the financial year. A new company's first accounts are due 21 months after it was registered.
Is the Corporation Tax payment date the same as the CT600 deadline?
No. For most companies the tax is due 9 months and 1 day after the accounting period ends, three months before the 12-month return deadline.
Does the confirmation statement follow the year end?
No. It runs on its own 12-month review period from incorporation or your last confirmation statement date, with 14 days to file once it ends.
Checked against GOV.UK on · Reviewed by Kamran Ishaq FCCA, Founder & CEO, on .
Sources: Accounts and tax returns for private limited companies (opens in a new tab) (GOV.UK); Director's loans: if you owe your company money (opens in a new tab) (HM Revenue & Customs); Filing your company's confirmation statement (opens in a new tab) (Companies House); Taking money out of a limited company (opens in a new tab) (GOV.UK).