Corporate Tax
NRC Tax Return
The latest changes imply that the non-resident companies which carry on a UK property business or have other UK property income are now moved from the income tax regime to the corporation tax regime. As a result, the non-resident company will now need to comply with the corporation tax return rules applicable to UK companies.
How taxable profits is calculated?
Taxable Profits Calculated
Although the corporation tax is the same for all types of income & gains (except ATED related gains), there is a difference in calculating taxable profit for corporation tax. The income & gains are divided between mainly following categories:
Trading profits
Profits from UK Business
Surplus from non-trading loan relationships
Net chargeable gains
How our services can help you?
Services for NRC Tax Return
The UK non resident tax rules are complicated and can quickly become confusing. They are very different to the rules that apply to UK residents. Our experts will help you decide your tax residency status by using the statutory residence test and then let you know how our service can best support you.
Preparation of accounts
Preparation and submission of the full return to HMRC
Assisting with the notification to HMRC on chargeability to corporation tax
Other supporting computation
What We Offer
We provide personalized accounting and tax advising services, in contrast to many other accounting firms. We distinguish ourselves from the competition by our expert service and outstanding offerings.
Quality Sevice
Our success depends on you. We always work to you the best service possible that is specially designed for you.
Dedicated Support
At Sterling Wells, we always give our clients with the full and focused support they need in order to achieve the best possible results.
Personalised Service
Customer satisfaction is our guiding concept. By putting an emphasis on consistency and communication, we aim to complete the task.
Client Satisfaction
Customer satisfaction is our guiding concept. By putting an emphasis on consistency and communication, we aim to complete the task.
Quick Response Time
You can expect the assistance of our knowledgeable professionals to start right away.
Free Consultation
Take advantage of our free initial tax consultation, which will last for 15 minutes.
