Revenue eBrief No. 048/23
06 March 2023
Payment of Preliminary Corporation Tax
Tax and Duty Manual Part 41A-07-02, Payment of Preliminary Corporation Tax, has been updated by the insertion of:
- A new paragraph 6 on section 959AM(3A), introduced in Finance Act 2021, which deals with corporation tax payments in a leap year or the year after a leap year; and
- Paragraphs 10 to 13 to outline the calculation of interest from the preliminary tax date until the underpaid amount is paid, where there is underpayment of preliminary tax by a large or a small company.