Corporation tax payments and dormant periods
Article ID
ias-2030
Article Name
Corporation tax payments and dormant periods
Created Date
23rd March 2005
Product
IRIS Practice Management
Problem
The corporation tax payments screen is listing a payment for the dormant period on a company (e.g. The period between the incorporated date (inclusive) and the trading commenced date (exclusive) due 9 months after the trading commenced date.
Resolution
Though no corporation tax payment is required for the dormant period on a company, a blank return should still be submitted for this time span, and as such the corporation tax payments screen lists a payment, even though the amount due is zero. Mark this payment as made and the future payments will be calculated automatically.
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