After the end of its financial year, a private limited company must prepare full annual accounts and a company tax return. In…

HMRC’s internal manuals provide some useful information on the definition of a business repair. This is important because it is required to…

Companies often have two different company accounting periods. This is because there are different rules for Companies House filings and for returns…

There are special rules concerning the transfer of assets in groups of companies. In most cases, this means that where assets are…

Usually, if you sell an asset for less than you paid for it you would make a capital loss. As a general…

A Corporation Tax Group Payment Arrangement (GPA) is a special arrangement that allows groups of companies to make joint payments of Corporation…

Corporation Tax relief may be available where your company or organisation makes a trading loss. A qualifying trading loss may be used…