Company tax returns ― making claims

Produced by Tolley in association with

Corporation Tax

Guidance

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, Pt 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.

Overpayment relief claims

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

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Anton Lane

Managing Partner, Edge Tax LLP , Corporate Tax, OMB, Employment Tax, International Tax, Personal Tax, IHT Trusts and Estates

I started my career helping to sort out tax problems for high net worth individuals, corporations and high profile clients under investigation for suspected serious fraud at Ernst & Young. I specialised in anti avoidance legislation targeting offshore structures and held senior positions with large offshore fiduciary service providers. I established the Edge brand over a decade ago and in 2012 focused the main business on managing tax risks, handling suspected serious fraud cases and assisting clients and advisers with disclosures to HMRC.

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Company tax returns ― making claims