UK Corporation Tax

About IMS Decimal: IMS Decimal is a leading provider of financial and accounting services, specializing in delivering accurate, reliable, and timely bookkeeping solutions to clients across various industries. Our commitment to excellence and client satisfaction has positioned us as a trusted partner in the accounting field. We are currently seeking a skilled and motivated Bookkeeper with experience in UK bookkeeping to join our dynamic team in Ahmedabad.

Role Purpose

To take ownership of the company's year-end financial reporting and UK corporation tax compliance, ensuring statutory accounts, tax returns, and payments are accurate, compliant, and submitted on time. The role acts as the key link between the business, external accountants, and HMRC.

Key Responsibilities

Year-End Accounts

• Prepare or oversee preparation of statutory accounts in accordance with UK GAAP (FRS 102 / FRS 105 as applicable)
• Ensure accounting records are complete and accurate at year end
• Manage year-end close process, including accruals, prepayments, and reconciliations
• Review and approve final accounts prior to director sign-off
• Coordinate filing of accounts with Companies House

Corporation Tax

• Prepare or coordinate preparation of the CT600 Corporation Tax return
• Calculate corporation tax liabilities and ensure timely payment
• Prepare supporting tax computations and iXBRL submissions
• Identify and apply:
• Allowable expenses
• Capital allowances
• Loss relief
• Group relief (where relevant)
• Act as main point of contact for HMRC on corporation tax matters
• Support HMRC queries, compliance checks, or enquiries

Liaison & Governance

• Work closely with external accountants and tax advisers
• Ensure directors understand financial and tax positions
• Maintain compliance with statutory deadlines and filing requirements
• Support audit processes where applicable
• Ensure strong internal controls and documentation are in place

Ongoing Finance (if applicable)

• Oversee bookkeeping and VAT returns
• Review management accounts
• Monitor director loan accounts and dividend documentation
• Support cash flow planning for tax liabilities

Key Accountabilities

• Accuracy and completeness of year-end accounts
• Timely submission of statutory filings
• Correct calculation and payment of corporation tax
• Compliance with UK tax and accounting regulations

Skills & Experience

Essential

• Strong knowledge of UK corporation tax
• Experience preparing or reviewing statutory accounts
• Familiarity with CT600 submissions and HMRC processes
• Understanding of UK GAAP
• High attention to detail and strong deadline management

Desirable

• ACA / ACCA / CIMA qualification (or equivalent experience)
• Experience dealing directly with HMRC enquiries
• Knowledge of group structures or complex tax issues
• Experience using accounting software (e.g. Xero, CCH, Sage, QuickBooks)