Replies (8)
Please login or register to join the discussion.
Unless you amended the 2014 accounts, which from the sound of it you didn't, I would not have been amending any previous CT returns at all, so I would not have had the problem you have encountered. I would simply have treated the PYA as taxable in the 2015 year.
Have HMRC said that they will accept the amendment if sent on paper? It is certainly the case with SA that the HMRC servers will sometimes reject an online submission that is technically within the amendment window, since the software only has simplified rules. For SA one then has to file on paper. Perhaps it is the same with CT.
FA98 Sch18 Para 15(4)
Assuming the error was a fundamental error it would require restating the prior year tax comp.
Apologies
Eating my apple at the time and I've had a long day. However, isn't 12 months from the filing date and 2 years after the end of the AP the same thing? What am I missing?