In year offset of PAYE credit to Corp Tax

In year offset of PAYE credit to Corp Tax

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A client has a PAYE credit due to SMP (they did not apply for advance payment).

They have a Corporation Tax liability becoming due that is less than this. 

Is there a procedure for claiming an in year offset, or can the credit only be recovered after the payroll year end?

 

Replies (3)

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By Cylhia66
09th Feb 2024 05:15

Looks like you found another thread on this subject and you commented on it. Do you have the answer to your question? It's doable to offset against the CT but it's a bit of a faff would be the answer.

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Replying to Cylhia66:
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By Elgin
09th Feb 2024 14:09

Hi,

Any pointers on the most efficient procedure would be much appreciated.

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By Elgin
29th Feb 2024 11:46

By way of an update, I called the employer helpline and spoke with a really helpful call handler who actioned this very efficiently. A date was provided by which this should be reflected in HMRC online accounts.

A surprisingly good result albeit after a 44 minute wait on the phone.

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