Corporation Tax Payments – Payments not deferred
Although there are no specific tax holidays or delays to the normal payment dates the general time to pay arrangements will apply to corporation tax and our feedback to date is that HMRC are being very flexible with these arrangements.
If you cannot pay your tax bill on time
All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service.
These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities.
What to do
Contact HM Revenue and Customs (HMRC) as soon as possible if you have missed your payment. How you contact HMRC depends on what you need to pay.
You have to pay interest if you pay late. You may avoid penalties by contacting HMRC as soon as possible.
If you cannot pay because of coronavirus (COVID-19) call the HMRC coronavirus helpline.
0800 024 1222
Monday to Friday: 8am to 4pm