Need help with Payroll Year End? Visit our help hub
Ask your Making Tax Digital (MTD) questions in our community drop-in session
Showing results for 
Search instead for 
Did you mean: 
Have a question about Payroll Year End? - Ask it here!
Level 1

How do i record a corporation tax payment

QuickBooks Team

How do i record a corporation tax payment

Hello Rob115, 


Welcome to the Community page, 


We do not support corporation tax in Quickbooks, you can manually calculate the corporation tax amount from your profit. Then do a journal from the retained earnings account to a corporation tax liability account. you would have to set this up , then when you pay it to HMRC create an expense and in the category column of the expense select the liability account. 

Need to get in touch?

Contact us