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Can Corporation Tax Instalments Be Adjusted Mid-Year?

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Corporation tax instalments can be adjusted mid-year if a company’s financial situation changes significantly. Businesses that pay corporation tax in instalments, typically large companies with profits exceeding £1.5 million, are expected to estimate their liability in advance. However, if profits increase or decrease unexpectedly, adjustments can be made to ensure accurate tax paymen... https://xactaccountants.co.uk/corporation-tax/

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