Businesses reminded of corporation tax changes

From April, firms will have to make the payments electronically and all company tax returns, which have to be filed using the Inline XBRL (iXBRL) format, must be filed online for accounting periods ending after 31 March 2010. Electronic payment can be made by direct debit, debit or credit card via the BillPay service, bank or building society internet or telephone banking services, BACS or CHAPS transfers and Bank Giro or at participating Post Offices. Business have the option of using commercially available software or HMRC's own corporation tax filing software, which is aimed at com...