Revenue eBrief No. 048/23 – Payment of Preliminary Corporation Tax


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.

Call now to book a free consultation