Admin - Corp Tax Flashcards
1
Q
How long does a company have to register with HMRC?
A
A company must register for corporation tax with HMRC within 3 months of the start of its first accounting period
2
Q
When must all companies submit corporation tax returns by?
A
Online within 12 months of the end of the period of account
3
Q
How long does HMRC have to amend obvious errors/mistakes in corporation tax returns?
A
9 months of the actual filing date
4
Q
How long do HMRC have to give notice of the intention to conduct an enquiry into a corporation tax return?
A
- if returned on time, 12 months following actual filing date
- if not returned on time, first quarter day following 12 months following actual filing date
5
Q
How long does the company have to amend the return for any reason?
A
12 months of the due filing date
6
Q
How long does the company have the right to make a claim for ‘overpayment relief’?
A
Within 4 years of the end of the accounting period
