Remove Construction Remove corporation tax Remove tax accountant Remove tax return
article thumbnail

Making Tax Digital for Income Tax Self Assessment: Our guide to Unique Taxpayer Reference numbers

Xero

A UTR is a 10-digit number that helps HMRC to identify you or your business, enabling them to find your tax account and match your payment with your bill. You will need to use this UTR number to submit tax returns, pay tax bills, or work with an accountant. Why you need your UTR number for self assessment.

article thumbnail

HMRC Business Enquiry/ HMRC Corporate Enquiry

Accounting Insight

A large business tax enquiry / corporate tax enquiry is carried out by HMRC’s ‘Large Business’ directorate and ‘Wealthy & Mid-sized Business Compliance’ directorate. Remember, a corporate tax enquiry is not routine, despite what HMRC may suggest. What is a business tax enquiry / hmrc corporate enquiry ?

article thumbnail

2022 Year-End Tax Planning Checklist

Withum

Contact a member of Withum’s Tax Services Team to start planning as year-end approaches. Year-End Tax Planning for Businesses. The corporate tax rate is currently a flat 21% rate. Expansion of small businesses that are able to use the cash (as opposed to accrual) method of tax accounting.