Preparations start for new Corporation Tax online filing system

  • Corporation Tax Online will be mandatory from 2011
  • Preparatory Regualtions and Directions are being issued in draft now
  • HMRC will provide a free online product with XBRL accounts and computations
  • Software companies will have to follow specific published taxonomies
Preparations for online filing of Corporation tax returns have started with the issue by HMRC of draft Regulations

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