Questions and Answers
Is there COVID-19 Government support to help pay Corporation Tax?
My company is struggling with the funds to pay its corporation tax liability. HMRC has announced support for other taxes, but I can’t find anything in relation to corporation tax. Is this correct?
HMRC has unfortunately not introduced any support measures specific to corporation tax. If you are struggling to pay a Corporation Tax liability in time, then you should speak to HMRCs Time to Pay Helpline on 0800 024 1222. You may be able to agree a payment plan for the liability.
For our latest COVID-19 news and guidance for your business, visit our dedicated Coronavirus Hub.
We will be updating it regularly as we continue to monitor and digest all the latest information
Date published 8 Apr 2020 | Last updated 20 Mar 2024
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.
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