'Late' CT600 Fine

'Late' CT600 Fine

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We have just received notice for a client of a late filing penalty for year ended 30 April 2006. This was way before we became agents.

Apparently, the CT600 was not filed until 14 November 2007.

Having queried the matter by telephone, HMRC can't satisfactorily explain why they have not requested the £100 fine previously.

So, are there grounds for dispute?

Replies (3)

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By George Attazder
28th Sep 2011 13:05

Why isn't...

... the penalty £200 + 10% of the tax, given that it seems to have been delivered more than 6 months late?

Could it be that the company was dormant for the period in question and HMRC waived the penalty without informing their computer.  The penalty operates automatically under the law.  HMRC have simply failed to notify your client company.

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By Robert Clubb
29th Sep 2011 10:17

It's A Owners Property Management Company

No profits........just receiving Service Charge from owners and paying out to suppliers contractor.

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By James Hellyer
29th Sep 2011 10:51

Should probably never have delievered CT600s

If it's a property management company there's a good chance it should have been treated as dormant. The service charges are probably not its income, but rather funds held in Trust and therefore all income and expenditure would be excluded from the company accounts. Hence no CT600 due.

Of course, that leaves the question of undelivered and unrequested Trust Returns...

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