Payment of corporation tax

Produced by a Tolley Corporation Tax expert

Corporation Tax

Guidance

All corporation tax payments (and related interest and penalties) must be made electronically.

It may be possible to make arrangements for payment of tax for group companies, see the Group payment arrangements guidance note.

Companies should advise HMRC if no corporation tax is due for an accounting period ― this should prevent repeat payment reminders from being issued. This can either be done online on HMRC’s website or by returning an HMRC payslip marked ‘NIL due’.

Due date for payment of CT

Unlike many other taxes, the deadline to pay corporation tax is before the deadline to file the company tax return. Generally, the due date for payment is nine months and one day after the end of the accounting period in question. This is known as the normal due date.

Companies with taxable profits of up to £1.5m (small companies) are required to pay all of their corporation tax by the normal due date. For example, where a chargeable accounting period ends on 31 December 2024, the due and payable date for corporation tax is 1 October

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