How to pay corporation tax

Produced by Tolley in association with Jackie Barker of Wells Associates
How to pay corporation tax

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 making payment
  • Corporation tax reference number
  • Payment by Direct Debit
  • Payment by internet, telephone or BACS direct credit
  • Billpay
  • CHAPS payments
  • No corporation tax payment due
  • Requesting repayment before liability is finally established
  • Payment problems

Methods of making payment

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. Billpay

  4. Bank Giro

  5. Post Office counter

  6. CHAPs

Corporation tax reference number

The corporation tax reference number is usually printed on the payslip and consists in part of the unique taxpayer reference (UTR) number. If the client does not know the corporation tax reference number, then the adviser should call HMRC to confirm this; otherwise, payment may be delayed, returned or allocated to the wrong accounting period.

Payment by Direct Debit

In order to pay by Direct Deb

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