The following Corporation Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
It is possible to make changes to a company tax return after it has been filed. There are many reasons why this might be necessary, for example if a mistake has been made or if the client’s circumstances change. This guidance note explains how to amend the return, the time limits in which changes are possible, and the circumstances in which HMRC can correct or amend a return.
If it is discovered that a mistake has been made either to the company tax return itself, or the supporting documents after they have been filed, an amended return should be submitted to HMRC detailing the correct information. This can be done online or in writing.
Whilst the original return must be filed online, there is no r
**Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason.
Access this article and thousands of others like it free for 7 days with a trial of TolleyGuidance.
Read full article
Already a subscriber? Login
IntroductionUK tax must be withheld on UK payments including:•interest•royalties•rental incomeWithholding tax may be reduced under double tax treaties (DTT) or European directives, both of which may be subject to making a formal claim.This guidance note outlines the rules for UK withholding tax, and
This note offers guidance in respect of the administration of company tax returns. If a company or organisation is subject to corporation tax they will have to complete and file a company tax return for each accounting period. A company or organisation must, in the main, file a return even if they
Terminal loss relief for trade losses in the final 12 monthsTrading losses incurred by a company in the final 12 months leading up to the discontinuance of trade may be carried back for up to three years from the period beginning immediately before that 12-month period. So if the final accounting
Many people work from home either on an informal or a full-time basis. These people can be employed or self-employed, and their employment status affects the expenses they can claim as a deduction from their earnings.When dealing with someone working from home, it is important to remind him that
To view our latest tax guidance content, sign in to Tolley Guidance or register for a free trial.