No corporation tax to pay and refunds

You'll need to tell HM Revenue & Customs (HMRC) that your company or organisation has no Corporation Tax to pay or you'll keep getting payment reminders. There are various ways you can tell HMRC but the easiest way is to file your return early or complete an online form.

You must file a Company Tax Return by your filing deadline even if you haven't made any taxable profits.

If you've paid too much Corporation Tax, or a penalty is cancelled or reduced, you'll be due a repayment. You may also get interest on your tax repayment.

If you've paid too much tax but you don't want the repayment immediately you can use the amount you've overpaid to reduce the amount of tax you'll have to pay for another accounting period. You can tell HMRC that when you file your Company Tax Return.

If you've no Corporation Tax to pay you must tell HMRC and file your Company Tax Return

Your company or organisation's Corporation Tax payment is normally due by nine months after the end of your Corporation Tax accounting period.

If HMRC has issued your company with a 'Notice to deliver a Company Tax Return' then - even if you have no Corporation Tax to pay for your accounting period for example if you have no taxable profits for the year - you must still:

  • Notify HMRC that you have no Corporation Tax to pay no later than 9 months after the end of your accounting period
  • File your return - showing nil Corporation Tax is due - no later than 12 months after the end of your accounting period

As soon as you know you have no Corporation Tax to pay you should take both of these steps. This will stop you getting payment reminders.

If you don't file your return on time you may have to pay a late filing penalty - even if you don't have to pay any Corporation Tax.