Hi, how can I record a corporation tax payment? I tried with One off tax payment but couldn’t see an appropriate account to debit

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Hi, how can I record a corporation tax payment? I tried with One off tax payment but couldn’t see an appropriate account to debit

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Peter Connor ⋅ Staff May 7, 2016
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Hi John,
You’re best off asking your accountant with account you should debit, as it depends what liability account he was using to record the pending CT payment.

John.

#answer-3229
  1. john2 May 7, 2016
    My accountant doesn't use Bullet though, it's just me that does it. I had to pay CT based on profits from the last FY.

    John
  2. Peter Connor May 7, 2016
    You're still best asking him what account he would use for it, as it depends on how he normally records your CT liability in the yearly accounts.

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