Companies House will tell HMRC when your company has been incorporated. Your company's corporation tax accounting period will begin as soon as you start trading, which may or may not be the same day as company formation. As well as these Full Payment Submissions (FPS), the company may also need to file an Employer Payment Summary (EPS). Private companies maintain absolute control over business operations. As previously mentioned, this is normally a 12-month period that aligns with the period of time covered by a company’s annual (statutory) accounts. A private company is a firm that is privately owned. You can do this by contacting the Corporation Tax office. Many UK private companies (and unlisted public companies) must include additional information in their 2020 annual reports because of new company law that applies to them for financial years beginning on or after 1 January 2019. Other businesses may choose to opt for voluntary VAT registration. You must always send copies of the statutory accounts to: You have different deadlines for sending your accounts to Companies House and your tax return to HMRC, but you may be able send them at the same time.
A limited company withfree .com or .co.uk domain name, 1st Formations Limited
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