Jump to content
House Price Crash Forum

Corporation Tax Bill Due 1St October

Reck B

Recommended Posts

just about to BACS £40k to HMRC for this years corporation tax bill. I trust they will use it wisely for the good of the country. I suspect this plus the other £50k+ we will have paid in NI contributions, VAT etc will go a long way in paying about 5 minutes interest on government debt.


I could get one of these for about £40k


Link to post
Share on other sites

You can pay it off in installments if it will hurt your cash flow. I'm like you paying more in corporation tax than many earn in a year.

We're good for cash. In fact before the interest rates plummeted we'd have paid this off with interest on company savings (currently earning 0.05%)

**cries again**

Link to post
Share on other sites

Why don't you? Buy one and drive off into the Sunset.

Dreading my first corporation tax bill, it's gonna break my heart!

You'll actually be happy to hear that it covers 2 hours of our national borrowing (assuming £165 billion per year.)

Link to post
Share on other sites


This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 415 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.