Corporation tax return

Civilian Committee
1

HMRC has required me to submit a corporation tax return (I registered for Gift Aid this year). I checked with them that this was correct (we are a small squadron (with Excepted Charity status) and they said yes.

I looked on Bader but couldn’t find anything (that doesn’t mean it is not there, - I struggle with finding things on Bader) and I thought this forum would in any event be much more useful.

The return requires annual accounts (which I can take off Form 60 ) and I will use the receipts and payments basis (cash accounting, as opposed to the accruals basis), but it also requires an annual report, (which we haven’t done as we are a small squadron still recovering our numbers after Covid).

I know that ACP10 gives guidance on the annual report, but I was wondering if anyone who does these things would let me crib off theirs. PLEASE

Any other tips would be more than welcome.

Thanks

2

Don’t worry, will be completed by your Wing Treasurer next year :rofl::rofl::dog:

2 Likes
3

Yes, that occurred to me as well. One advantage of the proposed changes then.

4

Is it worth speaking to your wing and regional treasurers for advice?

3 Likes
5

I will. But I thought I would ask people who may have actual experience first!