A | B | C | D | E | F | G | I | L | M | N | O | P | Q | R | S | T | U | W | X

Participator: a person who has a share or interest in the capital or income of a company such as a director or shareholder; see director's loan.

Payment Date: see Due Date.

Permanent Establishment: a company that is not resident in the UK but carries on trade in the UK from a fixed place of business (a permanent establishment) is liable for Corporation Tax on that activity.

Postponement Application: if you're appealing against a Corporation Tax assessment or amendment, you can ask HMRC for all or part of your payment to be postponed until your appeal is settled by making a postponement application.