Paying Corporation Tax to HMRC

Paying Corporation Tax to HMRC

Paying Corporation Tax to HMRC
The easiest way to pay your corporation tax liability is through your online gateway.

The deadline for paying your Corporation tax depends on the company year end. The deadline is 9 months and 1 day after the end of the period. For example, if your company year end is 31 December you have until 1 October to pay HMRC.

You should use your business bank account to pay the liability.

Use the correct payment reference number
Your payment reference number is your 10-digit company UTR number plus 7 digits. You must use this, or your payment will not be applied to your account. The following link has various options on how you can pay and will also help you with the payment reference number.

The 17 digit pay reference will be on the payslip you received from HMRC which is sent out shortly after the year end accounts are filed with HMRC. If you have lost yours you can login to your HMRC online account; click View account, select accounting periods and change to the period you wish to pay. After selecting the correct accounting period the 17 digit pay reference will be available for you to copy.

Please be careful not to use the reference number from the last tax year as it will be applied to the wrong tax year.
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It may take up to three bank working days for payment to reach HMRC. Bank working days are Monday to Friday excluding bank holidays, so please make sure you leave sufficient time for the payment to reach HMRC in time.

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