Deadlines vary from company to company, so each business has its own individually set deadlines for meeting its various obligations. It is best to entrust the monitoring of these deadlines to professionals.
Tax rates in England are progressive. Over the years, not only the rates themselves change but also the thresholds of the individual bands.
| Daň z príjmu firmy zo zisku | Sadzba |
| 0 - 50,000 | 19% |
| 50,001 - 250,000 | 26.5% |
| >250,000 | 25% |
| Fraction | 3/200 |
| Daň z príjmu fyzické osoby | Sadzba dane |
| 0 – 12,570£ | 0% |
| 12,571 – 50,270£ | 20% |
| 50,271 – 125,140£ | 40% |
| >125,140£ | 45% |
| DPH v Anglicku | Sadzba DPH |
| Detské oblečenie a jedlo | 0% |
| Kúrenie pre domácnosti | 5% |
| Tovary a služby | 20% |
| Obrat na povinnú registráciu DPH | 85.000£ |
Deadlines and tax rates
Companies in England have several obligations every year:
- filing their annual accounts (Accounts)
- filing a statement on their directors and registered office (Confirmation Statement)
- filing tax returns
- paying the annual fees to Companies House
- renewing their registered office service
- if VAT-registered, also filing regular VAT returns
Each of these obligations has its own deadline, and missing one results in penalties that rise exponentially the longer the delay continues. Monitoring these deadlines is best left to professionals.
Do you need someone to manage and look after your company in England? Do you need to keep track of deadlines for filing your Accounts and Confirmation Statement and for paying fees? Do you need an English accountant to prepare and file your tax return? Do you need to monitor when your registered office must be renewed? Would you rather avoid penalties for late filing? Get in touch with us. We provide comprehensive, all-round company care services, including filing all returns, paying annual fees, preparing tax returns and filing VAT returns.
| Cena | Správa firmy Anglicko |
| 250€* | účtovné výkazy a poplatky (Accounts) |
| 250€* | výkaz o štatutároch a sídle + poplatky (Confirmation Statement) |
| 250€* | sídlo ročne |
| od 450€ | daňové priznanie |
| od 1.450€ | zrušenie firmy |
| * závislé na kurze mien €/$ | * závislé na zmenách štátnych poplatkov |
Staying on Top of Your English Company’s Annual Obligations
Owning a company in England is relatively straightforward, but it comes with a regular cycle of filings and payments. Each obligation has its own deadline, and these dates are specific to each company, depending on when it was incorporated and on its accounting reference date. Missing a deadline can lead to penalties that increase the longer the delay continues, and in serious cases may even put the company’s registration at risk.
Companies House Filings
Every English company must file annual accounts with Companies House and confirm at least once a year that the information held about it, such as its registered office, directors and shareholders, is correct. This is done through the confirmation statement. Any changes during the year, such as a new director or a new registered office, should also be reported promptly.
HM Revenue and Customs
Corporation tax is administered by HM Revenue and Customs. The company must file a tax return for each accounting period and pay any tax due by the applicable deadlines. If the company is registered for VAT, it must also file VAT returns, and if it runs payroll, it has regular reporting obligations for employees and directors.
Keeping Everything Organised
- Know your company’s accounting reference date and filing deadlines
- Keep a calendar of all Companies House and HMRC obligations
- Maintain accurate bookkeeping throughout the year
- Renew your registered office service before it expires
- Keep the company’s details up to date
- Check current tax rates and thresholds for each period
Tax Rates Change
Corporation tax rates and thresholds have changed in recent years and may change again. The rate that applies to a company can depend on its profits, the length of its accounting period and whether it has associated companies. Always check the rules that apply to the specific period.
Managing From Abroad
Many owners of English companies live outside the UK. A reliable registered office, an accountant familiar with English rules and someone keeping track of deadlines make it much easier to stay compliant from a distance.
If you would like eTuls to take care of your English company’s filings, tax returns and registered office, contact us. We will help you avoid late penalties and keep your company in good standing.
