If you’re an accountant, you will no doubt know financial jargon – but what about those who have just started a business?
There’s lots of abbreviations and terminology to get your head around when you start your business – never mind wearing many hats and working long hours whilst you get yourself off the ground. So we thought we’d help with this definition of CT600 and what you need to think about as a business owner.
So that’s the basics of CT600 – hopefully you found it useful. If you want to read more on your responsibilities when it comes to your finances, read more of our free resources here.
So what is CT600?
Your CT600 is the term for your Companies Tax Return.How often do I need to submit CT600?
Every year.Where do I submit CT600?
Companies House.Why do I need to submit CT600?
To show Companies House what trading your business has done. This is shown in your figures within your annual accounts every year, to reflect the figures of the business for that financial year.How do I submit CT600?
Either direct with Companies House via webfiling or via Government Gateway.What do I need to submit CT600?
Company Authentication code and your annual account figures.So that’s the basics of CT600 – hopefully you found it useful. If you want to read more on your responsibilities when it comes to your finances, read more of our free resources here.
Alexis Charkiw
Alexis is the founder of Right Click Bookkeeping. Having run an ecommerce subscription business, managing a six figure budget to create an app and now running her bookkeeping firm, Alexis is passionate about sharing her knowledge and experience with other business owners.