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Are Instalment Payments for Corporation Tax Allowed for All Businesses?

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Instalment payments for corporation tax are not available to all businesses in the UK; they are generally offered to larger companies that meet specific criteria. HMRC allows companies to pay their corporation tax in instalments if their taxable profits exceed £1.5 million in a financial year. This threshold is calculated based on the company’s profit for that year, and it includes th... https://xactaccountants.co.uk/corporation-tax/

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