What is the effective date?

What is the effective date?

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Given the recent issues for the HMRC gateway for submission of CT returns via the internet via third party software, raises an important question. What is the effective date of submission of a corporation tax return via the internet.

Is it the date the return is submitted via the internet, or is it the date the return and enclosures have been verified as received by HMRC, by the issue of an email. Alternatively is it the date the return was acknowledged by issue of form CT620?

The email verifying receipt of the corporation tax return and accounts is usually issued on the same day as submission, and the acknowledgement receipt form ct620 issued the following day. The third party software we use recognised the Gateway had a problem and flagged the corporation tax returns as “pending” after they had been submitted.

Interesting, though, the acknowledgements of the corporation tax returns were received 3 days later after the returns were submitted using third party software via the internet. The date on the acknowledgement was the current date rather than the date of submission (3 days previous).

As we are now in a new “enquiry window” regime the date of submission is now more crucial. I did raise this issue at an HMRC roadshow event and I am still awaiting a reply from them to this. I suspect I will wait for a long time for them to get back to us on this point, if at all.

Can anyone point me to the right date?

Giraffe

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Euan's picture
By Euan MacLennan
09th Nov 2008 14:23

Date received
The effective date is the date the return is received by the Revenue. The problem is proving that date in the absence of the internet acknowledgement to your software and the separate e-mail from the Government Gateway (which is not binding, but provides useful corroboration that the return was received not later than that date).

Does your software allow you to print off a screen showing the date submitted and the fact that it is "pending"?

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