Corporation Tax. Question re paying

Corporation Tax. Question re paying

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Discussion

Phooey

Original Poster:

12,656 posts

171 months

Sunday 6th December 2015
quotequote all
Just a quickie re paying CT - if your bank only allows you to make maximum internet-banking payments of say £10k per day, and CT is more than this maximum, can you make 3or4 payments? For example £10k today, £10k tomorrow, £10k day after etc etc until CT paid in full.

Cheers


Phooey

Original Poster:

12,656 posts

171 months

Sunday 6th December 2015
quotequote all
If HMRC allows it. First year of paying CT since becoming LTD and only just started doing payments by Internet. Usually prefer writing cheques.

Phooey

Original Poster:

12,656 posts

171 months

Sunday 6th December 2015
quotequote all
Not due till 1st Jan. I'll prob pay next wk - get it out the way. CHAPS costs £30 with my bank I think? Other option is just pop into my bank and write a cheque like in the olden days..

Phooey

Original Poster:

12,656 posts

171 months

Thursday 10th December 2015
quotequote all
trowelhead said:
MagicalTrevor said:
I pay mine on consecutive days. Never been a problem.

Or should I say "Worst 'I earn so much my corporation tax has to be paid in to payments' thread" wink
Ha ha yes excellent humblebrag op wink
I wish it was only 3or4 payments...

Phooey

Original Poster:

12,656 posts

171 months

Monday 14th December 2015
quotequote all
Cheers again for replies. Yep, I'm going to do it by instalments - sod paying £30 to be able to make my bank statement look cleaner etc. I'm sure HSBC told me a while ago when I had this problem, that the maximum of £10k per day cannot be increased for 'internet' banking transactions. In the past I have paid by the Government Gateway (think that's what it's called) but I didn't like the system - possibly a glitch, but kept saying I didn't owe anything when I clearly did!