EGL73000 - Administration of EGL: quarterly instalment payments
Large or very large companies are required to pay CT by instalments in advance of the standard payment date of nine months following the end of an accounting period. F(2)A23/S306(3) ensures that liability to EGL is taken into account when considering whether a company is required to make instalment payments. It does this by providing that the requirement is met when either the company바카라 사이트™s CT profits or its exceptional generation receipts exceed the relevant 바카라 사이트śprofits바카라 사이트ť threshold in the Instalment Payment Regulations.
F(2)A23/S306(4) & (5) deal with the commencement of the levy. Any EGL liability in relation to the period from 1 January 2023 to the date the Finance Bill receives Royal Assent is to be included in the first instalment due after that date.