Annual Return VS Tax Return

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We regularly get notification from clients that confound the Annual Return with the organization's tax return. So what is the difference between the two documents?

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` Annual Return VS Tax Return Call us: (+44) 0208 648 0800 [email protected]

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Call us: (+44) 0208 648 0800 Overview UK organizations are required to submit a few reports every year. We regularly get notification from clients that confound the Annual Return with the organization's tax return . So what is the difference between the two documents? 1

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Call us: (+44) 0208 648 0800 Annual Return The 'Annual Return' is a particular term identifying with filing your organization data with Companies House. The Annual Return was supplanted by the affirmation articulation toward the end of June 2016. 2

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Call us: (+44) 0208 648 0800 It's anything but a tax report and has no association with your company accounts or HM Revenue and Customs. If you are un aware of how to file company accounts , Go to HMRC website for guidance. 3

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Call us: (+44) 0208 648 0800 Tax Return The corporation tax return is a conventional tax statement that must be documented with HM Revenue and Customs consistently. 4

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Call us: (+44) 0208 648 0800 It is conceivable UK limited company will be required to submit a tax return with HMRC regardless of whether it has not exchanged . 5

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Call us: (+44) 0208 648 0800 6

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Call us: (+44) 0208 648 0800 Final Note: HMRC will not consider your organization as a dormant if your company is receiving and selling an income. If your company doesn't have any trading activity and you have recorded dormant accounts at Companies House do not think you are not needed to submit a tax return. 7

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