The normal due date for payment of corporation tax is nine months and one day after the end of the accounting period (TMA 1970, s. 59D(1)). For example, the normal due date for a company making up its accounts to 31 December each year will be 1 October following the end of the accounting period. Companies whose profits in an accounting period exceed £1.5m are generally obliged to pay by instalments (see ¶183-435).

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