Taxes in England 2015-2016

The tax system in England works on the principle of progressive taxation. In practice, this means that both the tax rates themselves and the band thresholds – which determine how much of your income falls into each level of taxation – are adjusted regularly.

At the same time, each company has its own fixed deadlines for meeting its tax and administrative obligations – in particular for filing the annual accounts (Accounts), the Confirmation Statement and the tax return, and for renewing the registered office.

Companies operating in England must fulfil a whole range of administrative and statutory obligations every year. The most important include:

• arranging the renewal of the registered office,
• filing regular VAT returns for VAT-registered businesses,
• preparing and submitting the tax return,
• preparing and submitting the annual accounts (Accounts),
• filing the Confirmation Statement with up-to-date details of the company and its officers,
• paying the annual fees to Companies House.

If you are looking for professional support in managing your company in England, we are here to help. We will make sure every obligation is met on time – from Accounts and the Confirmation Statement to registered office renewal and annual fees. We will prepare your tax return meticulously and file it by the set deadline.

We will take over all the administration of your English company. We will file all mandatory returns, pay your fees, process your VAT returns and prepare your tax paperwork, so that you can focus on your business without needless red tape.

Every statutory obligation has a fixed deadline, and missing it can lead to rapidly mounting penalties. It is therefore wise to entrust the monitoring of all deadlines to professionals who will ensure nothing is left undone.