CICs and Companies Limited by Guarantee

TinyTax supports Community Interest Companies (CICs) and Companies Limited by Guarantee (CLGs). Here's what you need to know about filing for these special company types.

What Are CICs and CLGs?

Community Interest Companies (CICs)

CICs are limited companies designed for social enterprises. They:

• Have a "community interest" purpose
• Are regulated by the CIC Regulator
• Have an "asset lock" preventing profit distribution
• Must file a CIC34 report annually (separate from accounts)

Companies Limited by Guarantee (CLGs)

CLGs are companies without share capital. They:

• Have members who guarantee a nominal amount (usually £1)
• Are often used for charities, clubs, and non-profits
• Don't have shareholders or dividends
• Are still subject to corporation tax on any profits

Can TinyTax File for CICs?

Yes, TinyTax can file CT600 for CICs.

HMRC accepts CT600 submissions from CICs via our software. The process is the same as for regular limited companies.

What About the CIC34 Report?

The CIC34 (Community Interest Company Report) is a separate filing that goes to Companies House, not HMRC. TinyTax doesn't currently support CIC34 filing - you'll need to file this directly with Companies House.

Can TinyTax File for CLGs?

Yes, TinyTax can file CT600 for Companies Limited by Guarantee.

CLGs are treated the same as regular limited companies for corporation tax purposes.

Accounts for CICs and CLGs

CIC Accounts

TinyTax can file micro-entity accounts for CICs, but:

• CICs may have additional reporting requirements
• The CIC34 report is separate (not handled by TinyTax)
• Larger CICs may need full or abbreviated accounts (not supported)

CLG Accounts

TinyTax can file micro-entity accounts for CLGs that qualify. Check you meet the micro-entity thresholds:

• Turnover ≤ £632,000
• Balance sheet total ≤ £316,000
• Average employees ≤ 10

Filing a CIC in TinyTax

Step 1: Select Company Type

On the submission form, select:

Choose Trading Company (if actively trading) or Dormant Company (if no activity).

Step 2: Enter Your Figures

Enter your P&L and Balance Sheet figures as normal. CICs follow the same accounting format.

Step 3: Submit to HMRC

Submit your CT600 through TinyTax. HMRC processes CIC returns identically to regular company returns.

Filing a CLG in TinyTax

Step 1: Add Your Company

When adding a CLG:

1. Click Add Company
2. Enter your company number
3. TinyTax fetches details from Companies House

Step 2: Complete the Filing

Follow the same process as any other company:

1. Select your accounting period
2. Enter P&L and Balance Sheet figures
3. Review the tax computation
4. Submit to HMRC

What TinyTax Can't Do (Yet)

CIC34 Reports

The annual CIC report filed with Companies House is not supported. File this directly via Companies House WebFiling.

Charity Accounts (SORP)

Charitable CLGs following SORP (Statement of Recommended Practice) format need specialist accounts software. TinyTax supports standard micro-entity format only.

Full/Abbreviated Accounts

Larger CICs and CLGs needing full or abbreviated accounts (not micro-entity) should use specialist software or an accountant.

Common Scenarios

"I run a CIC - can I use TinyTax?"

Yes! For CT600 filing and micro-entity accounts, TinyTax works perfectly. Remember to file your CIC34 separately.

"My CLG is a charity - can I file here?"

It depends:

• Small charitable CLGs with simple finances: Possibly, if micro-entity format is acceptable
• Larger charities or those using SORP: No, you need charity-specific accounting software

"My CIC is dormant"

Perfect for TinyTax. Select "Dormant Company" and file your nil CT600. Dormant CIC filings are free.

"Do CICs pay corporation tax?"

Yes, CICs pay corporation tax like regular companies. The "community interest" status doesn't provide tax exemption. Only registered charities get corporation tax relief.

Manual Entry for Non-Companies House Organisations

Some social enterprises aren't registered at Companies House. For these:

1. Click Add Company on the dashboard
2. Select Manual Entry
3. Enter your organisation details
4. You can file CT600 (but not Companies House accounts)

Unincorporated Clubs and Associations

If your organisation is unincorporated (not a limited company):

• You may still need to file a corporation tax return
• Use Manual Entry to add your organisation
• TinyTax can file CT600 for you
• You won't file Companies House accounts (as you're not registered there)

Balance Sheet Differences

Share Capital

CLGs don't have share capital. In the Balance Sheet:

• Leave Called up share capital as £0
• Your equity comes from Profit and loss account (retained earnings)

Members' Guarantee

The members' guarantee (usually £1 per member) isn't shown on the balance sheet - it's only called upon if the company is wound up.

Tax Treatment

CICs and CLGs are taxed identically to regular limited companies:

Still Have Questions?

If you're unsure whether TinyTax is right for your CIC or CLG:

We're happy to advise on whether your organisation's needs can be met by TinyTax.

Last updated: December 2025