Corporation tax self assessment (CTSA) requirements

Produced by Tolley in association with

Corporation Tax

Guidance

The corporation tax self assessment (CTSA) regime applies to companies and deals with the administration and payment of corporation tax. Corporation tax may be due on profits from undertaking business as a limited company, a foreign company with a UK permanent establishment, a club, co-operative or other unincorporated association such as a community group or sports club. The key administrative points are set out below.

For details on the payment of corporation tax, see the How to pay corporation tax guidance note.

For information on UK tax filing requirements as they apply to overseas companies, see the UK filing requirements guidance note.

An index of HMRC forms that may be encountered by companies and their advisers during the compliance process can be found at COM150.

Corporation tax returns

A company or association must file a corporation tax return (CT600) if they receive a 'notice to deliver a Company Tax Return’ (CT603) from HMRC. A CT600 should be submitted to HMRC for an accounting period and must include information,

Access this article and thousands of others like it
free for 7 days with a trial of Tolley+™ Guidance.

TAKE A FREE TRIAL

Anton Lane

Managing Partner, Edge Tax LLP , Corporate Tax, OMB, Employment Tax, International Tax, Personal Tax, IHT Trusts and Estates

I started my career helping to sort out tax problems for high net worth individuals, corporations and high profile clients under investigation for suspected serious fraud at Ernst & Young. I specialised in anti avoidance legislation targeting offshore structures and held senior positions with large offshore fiduciary service providers. I established the Edge brand over a decade ago and in 2012 focused the main business on managing tax risks, handling suspected serious fraud cases and assisting clients and advisers with disclosures to HMRC.

Popular Articles

Employment Tax

Loans provided to employees

Loans provided to employeesEmployers sometimes provide their employees with loans, sometimes charging interest and often not, either as part of the reward package or to help the individual meet significant expenditure. For example, it is common to provide loans for the purchase of annual travel

14 Jul 2020 12:11 | Produced by Tolley Read more

Owner-Managed Businesses

Sales, advertising and marketing

Sales, advertising and marketingExpenditure on sales, advertising and marketing activities may include amounts which are disallowable for the purposes of calculating trading profits. This may be because the expenditure is:•capital in nature (see the Capital vs revenue expenditure guidance note)•not

14 Jul 2020 13:28 | Produced by Tolley Read more

Employment Tax

Fuel-related payments / mileage payments

Fuel-related payments / mileage paymentsIntroductionMost employers will make payments to employees in relation to business travel. Among the most common payments in relation to business travel are fuel and mileage payments. If an employer does not reimburse these amounts, then the employee will be

14 Jul 2020 11:46 | Produced by Tolley in association with Philip Rutherford Read more

UU��ֱ��