The deadline for your payment will depend on your taxable profits.
Taxable profits of up to £1.5 million
You must pay your Corporation Tax 9 months and 1 day after the end of your accounting period. Your accounting period is usually your financial year, but you may have 2 accounting periods in the year you set up your company.
Taxable profits of more than £1.5 million
You must pay your Corporation Tax in instalments.
Ways to pay
The time you need to allow depends on how you pay.
You can no longer pay at the Post Office.
Same day or next day
3 working days
- Direct Debit (if you’ve set one up before)
- Online by debit or corporate credit card
- At your bank or building society
5 working days
- Direct Debit (if you haven’t set one up before)
You can’t pay Corporation Tax by post.
If the deadline falls on a weekend or bank holiday, make sure your payment reaches HMRC on the last working day before it (unless you’re paying by Faster Payments).