Are you ready for the changes coming on 1 April 2011? From that date you will have to file online in iXBRL format your corporation tax return, tax computation and accompanying accounts. Also you must pay your corporation tax and related payments electronically.

If you don’t want to struggle to understand how to use the HMRC free software for submitting a company tax return (which doesn’t cope with charities or companies with odd sorts of income), ask us to help you file online. There are some concessions for small charities, but not for small companies.

HMRC approach in transitional period for iXBRL filing

http://www.hmrc.gov.uk/ct/mandatory-online-filing.pdf

Concessions for small charities

http://www.ion.icaew.com/TaxFaculty/20990

Paying corporation tax

http://www.hmrc.gov.uk/payinghmrc/corporationtax.htm