Question 1

When are my accounts due?

Paul Colman · Accepted Answer

You may need to allow us 1 month to prepare your accounts and tax returns. So provide us with your records or the 'go-ahead' at least 1 month before the deadline.

Company accounts are usually due 9 months after the year end date. So if your year end date is 30th June 2022, your accounts need to be submitted to Companies House by 31st March 2023. First year company accounts are due 21 months from the date of incorporation. So if the company was incorporated on 12th June 2022, the first set of accounts will be due by 12th March 2024.

Corporation tax payments are due 9 months and 1 day after the end of a corporation tax period. Corporation tax periods are usually the same as the accounting period. However, they are limited to 12 months, so if you have a long accounting period (first year or extended period), you will have two corporation tax periods.

Corporation tax returns are due 12 months after the corporation tax period (see above).

Sole trader accounts for periods ending in a tax year (which ends on 5th April), need to be included on a personal tax return for that tax year which is due by the following 31st January. For example, a sole trader with a year end date of 31st December 2021, will need to include those accounts on their tax return for the year ended 5th April 2022, which needs to be submitted to HMRC by 31st January 2023.

Question 2

When are my accounts due?

Paul Colman · Accepted Answer

You may need to allow us 1 month to prepare your accounts and tax returns. So provide us with your records or the 'go-ahead' at least 1 month before the deadline.

Company accounts are usually due 9 months after the year end date. So if your year end date is 30th June 2022, your accounts need to be submitted to Companies House by 31st March 2023. First year company accounts are due 21 months from the date of incorporation. So if the company was incorporated on 12th June 2022, the first set of accounts will be due by 12th March 2024.

Corporation tax payments are due 9 months and 1 day after the end of a corporation tax period. Corporation tax periods are usually the same as the accounting period. However, they are limited to 12 months, so if you have a long accounting period (first year or extended period), you will have two corporation tax periods.

Corporation tax returns are due 12 months after the corporation tax period (see above).

Sole trader accounts for periods ending in a tax year (which ends on 5th April), need to be included on a personal tax return for that tax year which is due by the following 31st January. For example, a sole trader with a year end date of 31st December 2021, will need to include those accounts on their tax return for the year ended 5th April 2022, which needs to be submitted to HMRC by 31st January 2023.