Corporation Tax

Overview

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.

Make sure you pay HM Revenue and Customs (HMRC) by the deadline. They may charge you interest if you do not pay on time. They’ll pay you interest if you pay your tax early.

Bank details for online or telephone banking, CHAPS, Bacs

You can make a transfer from your bank account by Faster Payments, CHAPS or BACS.

Account details to use

Sort code                       08 32 10

Account number           12001039

Account name               HMRC Cumbernauld

What you’ll need

Use your 17-character Corporation Tax payslip reference for the accounting period you’re paying.

You’ll find the payslip reference:

  • on any payslip that HMRC sent you

  • through your company’s HMRC online account - choose ‘View account’ then ‘Accounting period’

  • Or call us and we can provide you with your UTR number.

Your payment may be delayed if you use the wrong reference number.

At your bank or building society

You can pay at a branch by cash or cheque.

You’ll need to use the payslip that HM Revenue and Customs (HMRC) sends you.

Make your cheque payable to ‘HM Revenue and Customs only’ followed by your 17-character Corporation Tax payslip reference for the accounting period you’re paying.

You can find the payslip reference on the payslip.

Allow 3 working days for your payment to reach HMRC’s bank account.

If you do not have a payslip, then you are unable to pay using this method

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Cambridge CB24 8RX, UK

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