Companies: Taxation

(asked on 25th September 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many and what proportion of UK companies are not required by HMRC to submit tax returns.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 30th September 2019

All companies are initially required to submit tax returns except for those declared exempt or dormant. In the most recent accounting period (June 2019), 715,360 (16%) of UK companies were not required by HMRC to submit a tax return.

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