Corporation Tax (Instalment Payments) Regulations 1998
What this means for your business
- Enforced by
- HMRC
- Applies to
- United Kingdom
- On this page
- 2 compliance obligations, 3 practical guides
What you must do
2 compliance obligations under this legislation.
Payments and fees 2
Pay corporation tax instalments on schedule
If your business is a large company, you must split your corporation tax bill for the accounting period into two parts. A set percentage (60%, 72% or 88% depending on the year) must be paid as an instalment under regulation 5, and the remaining balance must be paid on the due date, which is the day after nine months from the period end.
Pay corporation tax instalments on the scheduled dates
If your company is classed as a large company for corporation tax, you must not pay the whole bill at once. Instead you split the liability into up to four instalments and pay each one on the dates set out in the regulations – the first about six months after the accounting period starts and the final about three months after it ends. You also need to calculate each instalment using the formula provided.
Practical guidance
Our guides explain how to comply with the requirements above.
File your Company Tax Return (CT600)
How to file your Company Tax Return (CT600) including deadlines, payment requirements, iXBRL tagging, and quarterly instalment rules for large …
Corporation tax rates and small profits relief
Understanding the Corporation Tax rate structure following Finance Act 2022 changes. Covers the 25% main rate, 19% small profits rate, …
Plan your Corporation Tax payments
How to pay Corporation Tax on time, including quarterly instalments for large companies and Time to Pay arrangements.
Sections and provisions
15 classified provisions from this legislation.