ACCA Taxation (F6) Practice Exam 2025 - Free ACCA Taxation Practice Questions and Study Guide

UK companies are required to file their corporation tax returns within 12 months after the end of the accounting period. This timeframe is established by tax regulations, which require businesses to report their taxable income and calculate their tax liability based on their financial statements.

Filing within this period allows HM Revenue and Customs (HMRC) to assess the tax position of a company accurately, providing sufficient time for companies to prepare their accounts and tax computations thoroughly. Companies typically have a corporation tax accounting period that aligns with their financial year, and the return must be submitted electronically, ensuring compliance with filing obligations.

Understanding this deadline is crucial for companies to avoid penalties and interest charges that can arise from late submissions. This requirement is designed to promote timely reporting and ensure that the taxation system operates effectively, holding businesses accountable for their taxes in a structured timeframe.