The CT600 corporation tax return is the document every active UK limited company must file with HMRC each year. It comes bundled with an iXBRL-tagged set of accounts and a tax computation that bridges your accounting profit to your taxable profit. Get any one of those three components wrong and HMRC will reject the bundle.

What goes in the CT600 package

A complete corporation tax submission is three files joined together:

  1. The CT600 form itself (with supplementary pages CT600A-CT600N as needed)
  2. Statutory accounts in iXBRL format
  3. The tax computation in iXBRL format showing add-backs, deductions, capital allowances and reliefs

You file via HMRC’s Corporation Tax Online service or, more commonly, through commercial software that produces all three files together.

Key dates

EventDeadline
Pay corporation tax9 months and 1 day after year end
File CT600 + accounts + computation12 months after year end
File accounts at Companies House9 months after year end
Notify chargeability (first year)3 months after start of trade
Pay tax in instalments (large companies)Quarterly during the period

Note that payment is due before filing. Companies routinely file in month 11 but must pay in month 9 plus one day, working from an estimated computation if the accounts are not yet finalised.

Corporation tax rates 2024-25

Profit bandRate
Up to £50,00019% (small profits rate)
£50,001-£250,00026.5% effective (marginal relief)
Over £250,00025% (main rate)

Marginal relief smooths the transition between £50,000 and £250,000. Associated companies share the bands, so a group of three companies has a small profits limit of just £16,667 each.

Building the tax computation

The computation starts from accounting profit and adjusts:

  • Add back depreciation, amortisation, entertaining, fines, donations to political parties
  • Deduct capital allowances (AIA, FYA, writing-down allowances)
  • Add or deduct chargeable gains and losses
  • Apply trading loss reliefs and group relief
  • Subtract R&D enhanced deductions or RDEC credits

The result is your taxable trading profit. See our capital allowances for UK businesses article for the asset rules and R&D tax credits for SMEs for the innovation reliefs.

Common errors that trigger HMRC enquiries

  • Tagging accounts with iXBRL errors that fail validation
  • Claiming AIA on cars (use FYA for low-emission vehicles instead)
  • Missing the associated company count for marginal relief
  • Forgetting director’s loan account section 455 tax (CT600A)
  • Reporting dividends paid as an expense
  • Using the wrong accounting period when it spans two financial years

Late filing and payment

DelayPenalty
1 day late£100
3 months lateFurther £100
6 months late10% of unpaid tax
12 months lateFurther 10% of unpaid tax
Late paymentDaily interest at HMRC official rate

Two consecutive late filings increase the £100 penalties to £500.

Tying it together

Get your year-end ready first. Walk through the year-end accounting checklist for UK limited companies and read the CT600 guide for line-by-line help. The HMRC Corporation Tax for Company Tax Return guidance is the authoritative source for current forms. See pricing if you want filing built into your bookkeeping rather than bolted on.