If place of business in UK
- You must register if:
- if you set up a place of business in the UK or;
- if you usually carry out business from somewhere in the UK.
If place of business is not in UK
- You can register for corporation tax if:you’re developing property or land in the UK
- you’ve disposed of an interest in UK property or land
- However, you do not need to register with the Companies House.
Changes from 6 April 2020
- Prior to 6 April 2020, non-resident companies owning UK property were subject to income tax under the non-resident landlord scheme.
- Legislation was introduced in Finance Act 2019 to move such companies into Corporation Tax with effect from 6 April 2020.
- The above legislation made it consistent where the change made in April 2019 that non-resident companies making gains on UK property became subject to Corporation Tax instead of Capital Gains Tax.
Exemptions
- You do not have to register if any of the following apply:
- the disposal is an excluded disposal
- an exemption applies
- no chargeable gain or allowable loss arises
When to register
- You must register within 3 months of the date you become chargeable to UK Corporation Tax.
What you will need
- If you’re registering for the first time or re-registering a company, you’ll need the:
- company name, registered address and contact details (HMRC will use the registered office address for initial contact)
- previous company name (if there was one)
- incorporation date and country of incorporation
- company registration or incorporation number (if it has one)
- director’s name, address and contact details
- date of the disposal of interests in UK property or land
- Income Tax Self-Assessment Unique Taxpayer Reference (UTR), if you have received UK rental income not subject to tax deducted at source
How to Register?
- You can register the company by creating Government Gateway ID.
Useful Links
- HMRC Guidance
- Registration – If already have Government Gateway ID
- Registration – If you do not have Government Gateway ID