A private limited company must prepare the following after the end of its financial year.
- Annual accounts
- a Company Tax Return
You need your accounts and tax return to meet deadlines for filing with Companies House and HMRC.
- The first set of accounts must be filed with Companies House within 21 months after the date you registered with Companies House
- The following annual accounts must be filed by 9 months after your company’s financial year ends
- You must pay Corporation Tax within 9 months and 1 day after your accounting period for corporation tax ends. You can also inform HMRC that your limited company does not owe any corporation for an accounting period.
- And finally, a corporation tax return must be filed within 12 months after your accounting period ends.
An accounting period is usually 12 months as the financial year covered by the annual accounts.