Corporation Tax

How to pay corporation tax

Produced by Tolley in association with Jackie Barker of Wells Associates
  • 25 Feb 2022 15:37

The following Corporation Tax guidance note Produced by Tolley in association with Jackie Barker of Wells Associates provides comprehensive and up to date tax information covering:

  • How to pay corporation tax
  • Methods of paying corporation tax
  • Corporation tax reference number
  • Payment by Direct Debit
  • Payment by internet, telephone or BACS direct credit
  • Corporate debit or credit card
  • CHAPS payments
  • No corporation tax payment due
  • Requesting repayment before corporation tax liability is finalised
  • Payment problems

How to pay corporation tax

Methods of paying corporation tax

All corporation tax must be paid electronically. There are several different methods of making electronic payments:

  1. Direct Debit

  2. internet, telephone or BACS direct credit

  3. corporate debit or credit card

  4. Bank Giro

  5. CHAPs

Corporation tax reference number

The corporation tax reference number is required in order to make the payment. It is usually printed on the payslip and other HMRC correspondence and consists in part of the unique taxpayer reference (UTR) number. If the company does not know the corporation tax reference number, HMRC should be contacted to confirm this. Failure to quote the tax reference number when making a payment may cause it to be delayed, returned or allocated to the wrong accounting period.

Payment by Direct Debit

In order to pay by Direct Debit, the company has to be registered with corporation tax online.

Only a person authorised by the company may set up Direct Debits from the bank / building society account. The Direct Debit is

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