Corporation tax: an overview
Corporation tax | (0)
Corporation tax is paid by limited companies on their taxable profits.
You must pay it within 9 months of the end of your company's corporation tax accounting period (although you get an extra 3 months to file your corporation tax return).
Your corporation tax accounting period
You pay corporation tax on the taxable profits you earn in each corporation tax accounting period.
This is usually a 12-month period that matches your company's financial year - although they can differ when you start up (when your corporation tax accounting period may be longer than 12 months) or if you change your financial year dates.
Your taxable ...