New Posts For Thread: Tax questionhttps://community.betfair.com/chit_chat/go/thread/view/94038/30409789/tax-questionIf a Ltd company started trading on the 1st Jan 2014 , when would the 1st amount of tax be payable.That question should have been asked before starting the company. Will you have a high monetary turnover that requires VAT registration, if so you should have been collecting VAT from day one, by issuing invoices declaring VAT number to follow. In thhttps://community.betfair.com/chit_chat/go/thread/view/94038/30409789/tax-question?post_id=542850653#542850653That question should have been asked before starting the company. Will you have a high monetary turnover that requires VAT registration, if so you should have been collecting VAT from day one, by issuing invoices declaring VAT number to follow. In thTue, 30 Dec 2014 12:21:00 -0600You are legally obliged to inform HMRC that your new limited company has been formed as soon as you have completed the incorporation process.you then appoint an accountant, who will complete the returns for you.The fact that you have asked this questhttps://community.betfair.com/chit_chat/go/thread/view/94038/30409789/tax-question?post_id=542850561#542850561You are legally obliged to inform HMRC that your new limited company has been formed as soon as you have completed the incorporation process.you then appoint an accountant, who will complete the returns for you.The fact that you have asked this questTue, 30 Dec 2014 12:11:34 -0600...after financial year end.https://community.betfair.com/chit_chat/go/thread/view/94038/30409789/tax-question?post_id=542850533#542850533...after financial year end.Tue, 30 Dec 2014 12:09:07 -0600.https://www.gov.uk/prepare-file-annual-accounts-for-limited-company/overview9 months to pay12 months to filehttps://community.betfair.com/chit_chat/go/thread/view/94038/30409789/tax-question?post_id=542850527#542850527.https://www.gov.uk/prepare-file-annual-accounts-for-limited-company/overview9 months to pay12 months to fileTue, 30 Dec 2014 12:08:11 -0600Yes , corporation tax. Thanks Shabhttps://community.betfair.com/chit_chat/go/thread/view/94038/30409789/tax-question?post_id=542850447#542850447Yes , corporation tax. Thanks ShabTue, 30 Dec 2014 12:03:22 -0600Corporation Tax? Assuming your year is to end Dec2014, then it is 9 months to pay - and I think around 6 months to file your returnhttps://community.betfair.com/chit_chat/go/thread/view/94038/30409789/tax-question?post_id=542850357#542850357Corporation Tax? Assuming your year is to end Dec2014, then it is 9 months to pay - and I think around 6 months to file your returnTue, 30 Dec 2014 11:55:01 -0600If a Ltd company started trading on the 1st Jan 2014 , when would the 1st amount of tax be payable.https://community.betfair.com/chit_chat/go/thread/view/94038/30409789/tax-question?post_id=542850305#542850305If a Ltd company started trading on the 1st Jan 2014 , when would the 1st amount of tax be payable.Tue, 30 Dec 2014 11:48:42 -0600