The following Corporation Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
There are a number of claims which may be made in a company tax return (or the relevant supplementary pages), including the following:
utilisation of a company’s own losses
surrender / relief of losses between group companies
claims for capital allowances
claims for research and development tax relief (RDEC or the repayable credit) ― see the R&D tax relief administration, interaction with other reliefs and anti-avoidance guidance note
FA 1998, Sch 18, Part VII, para 54
Claims may be amended within the normal time limit, which is 12 months following the usual filing date. See the Making amendments to company tax returns guidance note for further details about the process to follow.
Other claims not made on a CT600 include overpayment relief and special relief. These are covered in more detail below.
Essentially, overpayment relief provides a mechanism for amending errors or mistakes made in a tax return for a particular accounting period. A claim for overpayment relief can be made where a company has paid, or been assessed for, corporation tax which it believes is not due.
The claim must be made to HMRC within four years of the end of the relevant period for the repayment or discharge of tax. If a claim is refused, an appeal may be made in writing to the tribunal within 30 days of the notice of refusal.
The situations where an overpayment claim cannot be accepted are as follows:
the mistake is in or is a failure to make a claim, electi
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