My CT assessment for 2006/2007 was Nil.
I have to pay Prelim tax this month for 2007/2008 and am will probably have a hefty final CT bill, in excess of €250,000.
My question is, can I just pay Nil prelim tax on 21st of this month (based on 100% of last year's final liability), or are there any other rules in place for this type of situation?
Thanks
I have to pay Prelim tax this month for 2007/2008 and am will probably have a hefty final CT bill, in excess of €250,000.
My question is, can I just pay Nil prelim tax on 21st of this month (based on 100% of last year's final liability), or are there any other rules in place for this type of situation?
Thanks