Hi, Thanks for your response. I have just seen the company's status and it is active since its incorporation date which is October 2013 and the financial year end is 31/12. Kindly suggest now. Have we missed filing corporation tax Returns in December 2013?
Or we still have an option and we have to submit our first CT600 by 31st December 2014 for the period Oct 2013 - Dec 2013.
Thanks very much.
Another question, Just checked at companies house. The Accounts filing due date is July 2015 whereas financial year end is 31st December. Even if we request HMRC that we were dormant from Oct 2013 (inception date) to September 2014 and they agree.
In this case, we have to submit CT600 firstly for the period between Sep 2014 (Active date)- Dec 2014 (Financial year end) and due date for filing should be Dec 2015. Am I correct.
The thing which we are worried about is that, if we update the company status till September 2014 as dormant, we will not require to file CT600 for that period . Now, how can we claim tax losses which we suffered during Oct 2013 - Sep 2014 because we spent money in terms of say Marketing, web hosting etc and capital allowance on computer equipment etc.
If you can guide please. Thanks
Can you please guide a bit more :)
- Since the company was registered in October 2013 and year end is 31st december, since the company status is active since then, it seems that payment of our corporation tax is due by tomorrow.
- Do we have to write HMRC first to update their records and keep the company status dormant from its beginning till September 2014 or otherwise intimate them first that we have not made any money since then and no tax payment is due and apply for updating company status later.
I am going to rank this service best. but what is the best way to write to HMRC, email or letter?
Domenico, your best approach is to drop a short letter to HMRC as I don't think they take these instructions on the phone or by email.Keep it simple and to the poin...Wishing to advise you the company was dormant for the period [xxxx to xxxxx].The first set of accounts would be for the period [xxxx to xxxx].Please update your records.
If you are happy and there are no more issues I will appreciate if you would kindly rate the service I provided to ensure I get credited for it.