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Annual accounts

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Annual Accounts & Corporation Tax for Small Businesses

Annual accounts and corporation tax are a legal requirement for every UK limited company. At Chaplin Advisory, we support small businesses by preparing accurate, compliant accounts and handling corporation tax submissions on your behalf, removing the stress and uncertainty from the process.


Annual accounts provide a clear overview of your business’s financial performance and position over the year, including income, expenses, assets, and liabilities. Beyond compliance, they are a useful tool for understanding how your business is performing and where opportunities for improvement may exist.


Your corporation tax return is prepared directly from your annual accounts, which is why accuracy and attention to detail are essential. We ensure your limited company accounts are prepared correctly and your corporation tax is calculated and submitted on time, in line with HMRC requirements.


Our approach is straightforward and personal. You deal directly with your accountant, receive clear explanations, and can be confident that your accounts reflect the true position of your business, allowing you to focus on running and growing it.

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What You Need to Know About Corporation Tax

Corporation tax is the tax your limited company pays on its profits. In the UK, the main rate can be up to 25%, although the amount payable will depend on your profits and any reliefs or allowances available to your business. Getting this right is not just about meeting HMRC requirements, but also about ensuring you don’t pay more tax than necessary.


At Chaplin Advisory, we handle the full corporation tax process for small businesses. This includes calculating your corporation tax liability, preparing and submitting your corporation tax return, and ensuring everything is filed accurately and on time. We also review your position to make sure all available allowances and reliefs are correctly applied, helping you manage your tax efficiently and with confidence.

How Chaplin Advisory Helps You

When you work with Chaplin Advisory, the focus is on more than simply meeting deadlines. We provide clear, reliable support so you can be confident everything is handled correctly. We start by preparing your annual accounts, ensuring they are accurate, up to date, and fully compliant. From there, we prepare and submit your corporation tax return in line with HMRC requirements and deadlines.


We also review your position to make sure all relevant reliefs and allowances are considered, such as capital allowances and, where applicable, R&D tax credits. As your business evolves and tax rules change, we offer ongoing support and practical advice throughout the year, helping you stay informed and make sound decisions with confidence.

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Why Choose Chaplin Advisory?

When it comes to your business finances, it’s important to work with an accountant you can trust. At Chaplin Advisory, we support small businesses with clear, reliable accounting and tax advice tailored to their needs. We take the time to understand your business and provide straightforward support, with transparent pricing.


Most importantly, we make managing your finances easier. From preparing accounts to answering tax questions, we handle the details so you can focus on running your business.

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