I was doing my first CT600 (corporation tax calculation) and annual account for our registered UK LTD last week…. Reading though some stuff Inland Revenue sent me before, I then realised that I suppose to file this form known as CT41G.

This form is to inform Inland Revenue that your company is in operation and you must let IR know within 3mths from the day that you conduct your first business deal. If you fail to submit this form, you will be fined GBP300 and any excessive days you will be charged with GBP60 pounds penalty, per day!…

Our company is registered on 18 May 2005, started to trade around 1 July 2005, until 2 January 2007, GBP25,920 potential fine…

Make sure you do yours…

It is pretty difficult to make sure you do not miss these stupid things unless you are an accountant... I am thinking to invite a couple of qualified accountants to give seminars to us... Register your interest if you don't mind to pay a small fee to attend.

你的公司注册时没收到ＩＮＬＡＮＤ　ＲＥＶＥＮＵＥ给你的ＣＴ４１表格吗？

一般说来，　你在ＣＯＭＰＡＮＹ　ＨＯＵＳＥ注册后，　ＣＯＭＰＡＮＹ　ＨＯＵＳＥ就会将你公司资料给ＩＮＬＡＮＤ　ＲＥＶＥＮＵＥ，　然后ＩＮＬＡＮＤ　ＲＥＶＥＮＵＥ会寄给你ＣＴ４１表格，　提醒你在公司开始ＴＲＡＤＥ后３个月内填好寄回，　否则会被罚款．　如果当时公司还没开始ＴＲＡＤＥ，　那应该给他们回信说公司还在筹备中，　表明一旦公司正式ＴＲＡＤＥ后３个月内你会ＡＣＴＩＶＡＴＥ公司．　

你的情况，最好找个ＡＣＣＯＵＮＴＡＮＴ，看能否在罚款方面可以少点．

一定会被罚款吗？

如果公司没有实际商业活动但已经开设商业账户，是否应该算作正式运行？

I am sure there is some ways to sort this out. As this is your first year accounting, there must be some excuses you can use, like you didn't receive the letter from IR when you started the business. You didn't need the accountant until now so you haven't had any chance to be told of this, etc.

I did mine when I started Jan 2006, because I saw this penalty guide I was quite careful of doing this. But I felt IR wasn't very in order doing this. After a couple of weeks I sent it, I got a letter from them to remind me because they haven't received it. I phoned them immediately, they just said ignoring the letter because they have received it.

BTW, I am looking for an acountant for my first CT600, as a two employees small size company not VAT registered. I do PAYE and all the other returns myself. What is reasonable accountant fee you think to get the annual accounting done including quality advice. I got some quotes around £1000 from local here. Is it a reasonable price you think?

My accountant charges me 1000+VAT,

明文规定会被罚款的.

开设帐户不等同于开始TRADING.

I think the charging structure for accountants can vary, they can charge you a fixed fee or fees based on how many hours they spent on your accounts. Around 1000 seems to be common but there are some cheaper ones around, after all all accounting practices are running like businesses and competing for business. Make sure you compare the services they provide as well, some accountant asks you to prepare almost everything and still charge you over a grand.... I can introduce you to our accountant, she charges around 800 if your accounts are not over complicated and time consuming.

Cheers Wabbit. Hope you are doing allright with your case. I will let you know if I need your accountant, thanks for that. I had a chat with one of my client's accountant today, he will give me a little lesson of the key things need to do for annual accounting next week. As what he knows about my very straight forward case, he recon I will be able to do it myself, it's maximin one day work if I know how to do it. (BTW, I thought non-registered accountant are not allowed to do this by law, but I was told today there isn't this policy, anyone can do it.) So I am going to give a try first. See how I get along with it.

谢谢额。那首次报税的时间是按公司注册的时间算还是按正式运营开始算？

首次报税是按照公司注册的时间开始推算22个月之内哪天都可以, 自己定好日子通知company house, 不通知的话按照默认是12个月, 就是注册日次年同一天.

这个是COMPANY HOUSE年检的时间规定, 和报税是不同的.

公司注册后无论是否TRADING, 都必须年检. 但报税要实际TRADING后, 才开始计算会计期间, 1年为限报税(持续经营的前提下).

We were talking about first time corporation tax. Normally corporation tax happens at every end of company accounting date, which is once a year. But FIRST time you are allowed to extend the first year to maximin 22 months.

年检 is annual return to company house, that is once a year since company incorporated.

As I understand, '但报税要实际TRADING后' is not exactly right. As long as the company is exist, even it's in dormant, even it's not trading you still need to 报税 at accounting date. There is exemption is available for dormant company. 'Private companies that are dormant need only prepare and deliver to Companies House an abbreviated balance sheet and notes. A profit and loss account and director's report do not have to be included in dormant company accounts filed at Companies House; but a director's report and possibly a profit and loss account - if the company traded in the previous financial year- must be provided to members.'

报税 to inland revenue is probably same. Although company is not trading, some paper work to IR at accounting date must needed. So when to 报税 is nothing to do with when you start to trade. For example, if your accounting date is 1 June 2006, but you only started to trade on 1 May 2006, you still need to do the paper work at 1 June 2006.

Welcome more discuss if I am not exactly right.

I have a dormant company as well, all you have to do is to send back the tax pay-in slip IR sent you with the value "0" on it.

I have another tip to share. Our company is registered on 18 April 05, therefore our Corporation Tax date is 9mths after the first accounting year end 18 April 2006 (i.e. 18 Jan 07) and our Company Account submission date is 10mths after the first accounting year end (18 Feb 07). If the accounting year end is on 18 April 2006, after the early April budget date, our accounts should comply with 2006 budget, i.e. 19% tax on every penny you make. However, every company is allowed to move the accounting date once to suit their specific financial planning needs, so our accountant has moved our accounting date back a few weeks, i.e. end of March 2006, because this is before the 2006 budget was announced and it was still in 2005 budget year, we didn't have to pay any tax on profit less than GBP10,000... this saved us a few bobs....

非也. 我的说法100%正确. 公司只要一天没有ACTIVATE, 税法上的ACCOUNTING DATE就不用起算, ACTIVATE以实际TRADING为界. 这个是英国INLAND REVENUE的规定, 和国内的常识不同.



任何来自COMPANY HOUSE的规定只适用于"年检", 不能类推于INLAND REVENUE. 事实上这2个部门的规定完全不同. COMPANY HOUSE管的INCORPORATION的行政行为, 所以它要知道INCORPORATED的公司的GENERAL情况. 而公司一旦INCORPORATE, 对COMPANY HOUSE来说就是ACTIVATE的了, 除非申请了DORMAT, 就不用ANNUAL REPORT.





事实上报税TO INLAND REVENUE 不同于INCORPORTATE, 但可以说2个的原理一样. 对COMPANY HOUSE来说, 一旦INCORPORATE后就是在它那里注册了, 所以已INCORPORATE DATE为标准起算其ACCOUNTING REFERENCE DATE, 但这个DATE只是用于COMPANY HOUSE行政管理的需要, 和会计上及税收上的ACCOUNTING DATE不同.

而对INLAND REVENUE来说, 一旦开始正式TRADING (甚至和有没有INCORPORATE没有关系), 就必须在3个月内通知INLAND REVENNUE, 注册CORPORATE TAX. 至于具体哪天是ACCOUNTING DATE, 完全由公司根据实际情况确定. 只要你不是PLC, 没有人会核实你的实际TRADING DATE.

一句话, COMPANY HOUSE以INCORPORATIN为标准, INLAND REVENUE 以TRADING 为标准, 而INCORPORATION和TRADING是独立的, 没有必然的相互关系.

You mean one company have two accounting dates, one is for Company house, one is for Inland Revenue. They are different dates.

You confused me. ?

As I know, they are same date, however if you are not trading, you probably can ignore some paper work even doing nothing. But one company only have one accounting date.

"但这个DATE只是用于COMPANY HOUSE行政管理的需要, 和会计上及税收上的ACCOUNTING DATE不同. " 没错, 目的不同, 操作也有所区别. But the date is the same date.

Got the idea! Very clever. I started Jan 2006, could have save some by doing mine by Apr 2006, didn't think of that.

help...Q15. the name of the IR office dealing with the company's PAYE and the ref. number........ is that reference on top of letter from issuer? where can i get the PAYE office and the reference number?

it is too hard to get in LKCN in China....wowowo