Non-Resident company income tax returns SA700

What is Non – resident company tax returns?

A non-resident company is subject to UK corporation tax on the trading profits of a UK PE and, irrespective of whether there is a UK PE, the trading profits attributable to a trade of dealing in or developing UK land, and income received from UK property. Non-resident companies are also subject to UK corporation tax on gains on the direct and certain indirect disposals of UK property

How can we help you?

We help non-resident company that liable to income tax in the UK to file their SA700 returns.

 We help to complete CT600 Company tax return form and submit it online to the HMRC. Limited companies and other organizations that are liable and are within the charge to Corporation Tax must file their CT returns each year and pay any tax that may be due.

We are aimed at Companies, Accountants and Tax Advisors. We are available in multiple Company bands (of 1, 5, 25, 100 and Unlimited Companies) and for larger practices requiring multiple users to access and share the data on the network.

Form SA700 is used to file an income tax return for a non-resident company. 2019/20 is the last tax year in which non-resident landlord (NRL) companies with a property business in the UK need to file a form SA700 under the income tax regime. (As of 6 April 2020, NRL companies with a UK property business are subject to UK corporation tax and will file form CT600 annually.) The SA700 is a paper form. It cannot be completed online.

In view of the practical difficulties in obtaining an original ‘wet’ or physical signature for the SA700 for the 2019/20 return during COVID-19, we have asked HMRC if a scanned copy of the signature or an e-signature would be accepted as a valid signature.

HMRC have confirmed to us that the SA700 must be signed with a physical signature. Accordingly, an electronic or scanned copy of a signature is not valid for the SA700 return.