A Complete Guide to the CT41G Form - Lockhart Amin Accountants

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A Complete Guide to the CT41G Form

May 17, 2024
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Have you recently registered your limited business with Companies House? Then, prepare for the next step, ensuring everything is set up and you are ready to pay corporation tax. But there is an exciting thing here! You don’t have to do anything right away. HMRC will send you a CT41G form explaining what to do next, along with your UTR number (Unique Taxpayer Reference Number). The UTR number mainly identifies your company’s tax records.

If you still need clarification about the CT41G form, don’t worry. This guide will clarify your confusion with a detailed explanation.

Use the links below to explore the key sections of this blog.

What is Meant by CT41G Form?

  • Once your limited company is registered with Companies House, they will automatically inform HMRC. Within weeks, you will get a letter with a CT41G form. This form includes all the information which is mentioned below:
  • It will include your company’s UTR number (Unique Tax Reference Number).
  • There will be instructions on how to set up your company’s HMRC online account. Through this, you can submit a Company Tax Return and pay Corporation tax when the time comes.
  • Also, a request form for any additional details you need to give to HMRC regarding your company.
  • The due date for filing your first company tax return.

What is the Significance of a Company UTR Number?

UTR stands for Unique Tax Reference Number. You will reference it anytime you contact HMRC about your company. This number stores all your business tax information. It is uniquely yours, so it assists HMRC in identifying your business straight away.
You could have two UTR numbers. One is for your newly incorporated limited company, and the other is for a separate company. The other is when you must submit your self-assessment tax return as a company director. It’s effortless to differentiate between the two UTR numbers.

  • Your company UTR number begins with three numbers. Then, it includes a 10-digit reference with the letter ‘A’ to finish.
  • However, your personal UTR is a 10-digit number followed by the letter K.

If you need to know your UTR number, you can easily find it in any email or letter between you and HMRC.

Is There a Fixed Time for me to Receive my CT41G Form?

You will get it within three weeks of incorporating your business, and it will also be delivered to the registered company address- so be on the lookout.
If you are still waiting to receive your CT41G form within two months, you can contact HMRC.
It must be fulfilled within three months of your business proceeding with the work, even if your company is dormant. Therefore, HMRC knows that you intend to refrain from trading.
Do you still need clarification? Our professional experts at Lockhart Amin Accountants can expertly assist you. For only £180 + VAT, you can get exceptional Limited Company Accountancy Services.

What Information You Should Fill On Your CT41G Form?

Once you have your CT41G form, you will have to fulfil various details, which include

  • Your company’s full name and registration number. Also, include your trading name if this is different from the company name.
  • The starting date when your business started its trading.
  • The dates when you made up your company accounts.
  • The activities your business will perform.
  • Your complete trading address where day-to-day operations and activities are performed.

How Can I Complete My CT41G Form?

You can complete your CT41G form online or by post. However, HMRC prefers that you do so online. The process involves creating a Government Gateway account to fill in your details. Your CT41G form will have a complete guide on the process.
You would also know if you want to appoint an agent to act on your behalf. This agent will also handle your tax affairs and speak to HMRC regarding your taxes. Your accounting agent will also file your account and returns and get a copy of any post-HMRC delivered.

Can an Accountant Assist Me With the CT41G Form?

Yes, your accountant can help you simplify the whole process, whether completing the CT41G form or your financial planning. If you have set up a new business, you might need an accountant who can professionally assist you in the long run. You can look for the professionals of Lockhart Amin Accountants who can submit your details to HMRC and free away your worries about tax paying.

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