# How to add Corporation Tax line

**URL:** <https://forum.manager.io/t/how-to-add-corporation-tax-line/7763>\
**Category:** Uncategorized\
**Created:** [November 20, 2016, 6:02pm UTC](https://forum.manager.io/t/how-to-add-corporation-tax-line/7763 "2016-11-20T18:02:25Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![Brucanna](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/brucanna/32/1960_2.png) [@Brucanna](https://forum.manager.io/u/Brucanna)\
**Post date:** [November 20, 2016, 9:11pm UTC](https://forum.manager.io/t/how-to-add-corporation-tax-line/7763/3 "2016-11-20T21:11:17Z")

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You can’t automatically add the corporation tax line but you can set one via Settings - Chart of Accounts and then use a Journal. Also for the Balance Sheet set up a Liability account called Provision for Corporate Tax. Same process would apply for Dividends if applicable

If you read the below topics they provide solutions amongst a lot of discussion

> [@What account does corporation tax go under?](https://forum.manager.io/t/what-account-does-corporation-tax-go-under/3128):
>
> I created a new account in chart of accounts called Corporation Tax and set it as a liability so it does not show up under profit and loss for tax purposes as its not an expense. Is this the correct procedure? I was not sure whether I should use the existing account called Tax Payable as that one seems to be calculating the VA and I don’t want to mess up the VAT Return by putting Corporation Tax into Tax payable.

> [@Where to record dividends](https://forum.manager.io/t/where-to-record-dividends/1163):
>
> Huge thank you for this amazing piece of software! It really has made my accounting a whole heap easier! Just wondering if you can point me in the direction of where to log a directors dividend payment?

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