The CT600 is the Company Tax Return that every UK limited company must file with HMRC. It calculates how much Corporation Tax your company owes for each accounting period. Even if the company made a loss or had no activity, a CT600 must be filed once HMRC has issued a notice to deliver.

This guide walks through the main sections of the form and the adjustments most small companies need to make.

Before you start

You need the following information to hand:

ItemWhere to find it
Company UTR (Unique Taxpayer Reference)HMRC letter issued after Corporation Tax registration
Companies House registration numberCertificate of incorporation
Accounting period start and end datesYour accounting records
Finalised profit and loss accountYour accounting software or accountant
Balance sheet at period endYour accounting software or accountant
Capital allowances computationPrepared separately or by your accountant
Details of any losses brought forwardPrevious year’s CT600 or tax computation

You also need your statutory accounts in iXBRL format and a Corporation Tax computation, both of which are filed as attachments to the CT600.

Structure of the CT600

The CT600 is divided into sections. Not every section applies to every company. For a straightforward small company, you will mainly use:

SectionContents
Company information (boxes 1-30)Basic details: name, UTR, accounting period, type of company
Turnover and income (boxes 145-165)Trading turnover, other income, rental income
Trading profits (boxes 155-190)Adjusted trading profit after tax adjustments
Capital allowances (box 195)Total capital allowances claimed
Losses (boxes 220-245)Trading losses, losses brought forward, losses carried back
Tax calculation (boxes 430-470)Corporation Tax liability, marginal relief, tax due
Tax already paid (boxes 510-530)Payments on account, income tax deducted at source
Supplementary pagesR&D, capital gains, group relief, overseas income (only if applicable)

Key boxes to complete

BoxWhat to enter
1-3Company name, registration number, UTR
30, 35Accounting period start and end dates
145Total turnover (gross sales revenue)
155Gross trading profits (after adjustments – see below)
160Trading losses (instead of box 155, if the company made a loss)
195Total capital allowances claimed
220-245Losses: current period, carried back, brought forward
430Corporation Tax chargeable before reliefs
440Marginal relief (if profits are between £50,000 and £250,000)
470Net Corporation Tax outstanding

Make sure the accounting period matches what HMRC expects. If you have changed your year-end date, notify HMRC before filing.

Corporation Tax rates

Profit levelRate
Up to £50,00019% (small profits rate)
£50,001 to £250,000Marginal rate
Above £250,00025% (main rate)

If you have associated companies, the £50,000 and £250,000 thresholds are divided by the number of associated companies plus one. Most accounting software calculates the marginal relief automatically.

Adjustments: from accounting profit to taxable profit

The CT600 does not simply apply the tax rate to your accounting profit. You need to make adjustments to arrive at the taxable profit. The most common adjustments for small companies are:

Add back to profit

ItemWhy
DepreciationReplaced by capital allowances for tax purposes
Entertaining clientsNot allowable for Corporation Tax
Fines and penaltiesNot allowable
General bad debt provisionsOnly specific bad debts are deductible
Legal costs relating to capital itemsCapital, not revenue
Non-business proportion of motor expensesPrivate use element
Donations to non-qualifying bodiesOnly qualifying charitable donations are deductible

Deduct from profit

ItemWhy
Capital allowancesReplaces depreciation
Trading losses brought forwardRelieves tax on current profits
Qualifying charitable donationsDeducted as charges on income
R&D additional deductionIf claiming R&D tax relief

These adjustments are summarised in the Corporation Tax computation, which is filed as an attachment alongside the CT600.

Required attachments

The CT600 alone is not sufficient. You must also file:

AttachmentFormatPurpose
Statutory accountsiXBRLBalance sheet, profit and loss, notes
Corporation Tax computationiXBRL or PDFShows adjustments from accounting profit to taxable profit
Capital allowances computationIncluded in CT computationDetails of each allowance claimed

iXBRL (inline eXtensible Business Reporting Language) is a tagged data format that HMRC’s systems can read automatically. Most accounting and tax software generates iXBRL files. If you are preparing accounts manually, you will need a separate iXBRL tagging tool.

Filing the CT600

All CT600s must be filed electronically. You can either use HMRC’s online service (log in with Government Gateway, enter data manually and upload iXBRL files) or file directly through commercial accounting software, which is faster and reduces data entry errors.

Filing deadline

The CT600 must be filed within 12 months of the end of your accounting period. This is three months after the Corporation Tax payment deadline.

Accounting period endPayment deadlineFiling deadline
31 March1 January following year31 March following year
31 December1 October following year31 December following year

Penalties for late filing

DelayPenalty
1 day£100
3 monthsAdditional £100
6 months10% of unpaid tax (HMRC estimate)
12 monthsAdditional 10% of unpaid tax

If your CT600 is late three consecutive times, the £100 penalties increase to £500 each.

Amending and special situations

You can amend a CT600 within 12 months of the filing deadline. After that, only HMRC can make changes through a discovery assessment. File the amendment through the same route you used for the original return.

If your company was dormant or had no trading activity, you must still file a CT600 if HMRC has issued a notice to file. The return will show zero turnover and zero tax, but it must still be filed with the iXBRL accounts attached. If HMRC has confirmed they will not issue notices, you do not need to submit until the company starts trading again.

If your first accounting period exceeds 12 months, you must file two CT600s – one for the first 12 months and one for the remaining period. Income and expenses must be apportioned between them.

After filing

Once HMRC processes your CT600, they may accept it, open an enquiry within 12 months, or issue a discovery assessment later. Keep all supporting records for at least six years after the end of the accounting period.