Tax payments and repayments section (CT600)

This section is used to provide details of corporation tax payments and repayments.

Refer to the HMRC Corporation Tax form for Company Tax (CT600) guidance if needed (opens in a new tab).

  1. Open the required tax return, then select the Data input tab.

  2. If the required section is listed, select it and skip the next step. If not, select Add a new section.

  1. On Choose section to add, under General, select Tax payments & repayments.

  2. Complete the section are follows, then select Save changes.

Tax payments and repayments

Enter the amount of corporation tax paid by the company for the accounting period and not repaid by HMRC.

Enter the amount surrendered to the company by another group company under S963 of CTA 2010 or Regulation 9 of the Corporation Tax (Instalment Payments) Regulations 1998.

To stop HMRC from making small repayments, enter the minimum payment required. Repayments include tax, payable credits, interest, and late-filing penalties or any combination of them.

If a figure is entered here, HMRC will not make any repayment to the company or any authorised nominee unless it is more than the limit chosen. Any amounts below the limit will be allocated against any other Corporation Tax liabilities, or if there are none, to a later accounting period. To surrender a tax refund under S963 CTA 2010 to another group company do not complete this authority but complete the following section.

The company must renew or change any authority given each form is completed, even when two returns are completed at the same time. This authority overrides any previous authority given, so if this figure is left blank, HMRC will make any repayment arising subsequently, however small.

Tax refunds surrendered under s.963 CTA 2010

Enter the amount being surrendered by the company under S963 CTA 2010 (include surrenders under Regulation 9 of the Instalment Payments Regulations).

Select if the joint notice is attached to the tax return. For a surrender under Regulation 9 of the Instalment Payments Regulations, supply a schedule of the amount(s) and date(s) of each instalment surrendered.

Select if the joint notice is to follow.

If the notice is not attached, the company must tell HMRC the amount of repayment to stop until they receive the notice.

Bank details and nominee

If you haven't already, you can record the client's bank details or the practice bank details which are then used to automatically populate the bank details here.

Select who the payment will be made to.

You can set a default payment recipient in tax settings. You can also set the default agent details to be used.

Any bank accounts recorded for this client are available to choose from Select bank account. You can also add new bank details.

The bank details are automatically populated.

  1. Select tax advisor from the list. The list is populated from the practices that have been set up on the system. You can also add a new practice.

  2. Any bank accounts recorded for the chosen practice are available to choose from Select bank account. You can also add new bank details.

  3. The bank details are automatically populated. Change the Address if required and enter the Nominee reference if required.

  1. Complete the Account name, Sort code, Name of bank, Building society reference (if applicable) together with the nominee's Name.

  2. Select the pencil icon in Address to select the required address or create a new one.