Guidance

Corporation Tax payments by very large companies: technical guidance

This guidance explains changes to Corporation Tax (CT) instalment payments by very large companies.

Documents

Corporation Tax payments by very large companies: technical guidance

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Details

For accounting periods that begin on or after 1 April 2019, very large companies, that is companies with taxable profits of more than £20 million, will be required to pay CT instalments earlier than large companies.

The legislation has been published in Statutory Instrument 2017 No. 1072 - The Corporation Tax (Instalment Payments) (Amendment) Regulations 2017.

HM Revenue and Customs has published an updated tax information and impact note.

Published 21 November 2017